| ANSS latest price $84.0700 (2.06%) ($82.5300 - $85.0600) on Mon. Feb. 24, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 83 |
Latest Price | $84.0700(2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.7% 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) XLK(74%) QQQ(73%) SPY(70%) XLY(67%) IWM(61%) |
Factors Impacting ANSS price | ANSS will decline at least -0.615% in a week (0% probabilities). TLT(-13%) UUP(-10%) SHY(-5%) IGOV(-2%) GDXJ(-2%) |
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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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