| ANSS latest price $31.9600 (-1.02%) ($31.9000 - $32.5600) on Wed. Aug. 22, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 63 |
Latest Price | $31.9600(-1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) QQQ(72%) XLK(71%) SPY(68%) IWM(65%) XLY(65%) |
Factors Impacting ANSS price | ANSS will decline at least -1.15% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(0%) LQD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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