| ANSS latest price $40.1200 (-1.5%) ($39.9600 - $40.8500) on Thu. Nov. 12, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 40 |
Latest Price | $40.1200(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.3% 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(72%) XLK(72%) SPY(69%) XLY(66%) IWM(63%) |
Factors Impacting ANSS price | ANSS will decline at least -0.9% in a week (0% probabilities). TLT(-20%) SHY(-8%) TIP(-3%) IGOV(3%) GLD(3%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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