| ANSS latest price $45.1200 (0.38%) ($44.8900 - $46.7500) on Wed. Jul. 23, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 68 |
Latest Price | $45.1200(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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(73%) XLK(72%) SPY(69%) XLY(67%) IWM(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.16% in a week (0% probabilities). TLT(-23%) SHY(-15%) TIP(-6%) GLD(1%) LQD(17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|