| ANSS latest price $92.2400 (1.62%) ($90.3600 - $92.4800) on Mon. May. 2, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 80 |
Latest Price | $92.2400(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(76%) IWF(76%) VUG(76%) XLK(75%) QQQ(74%) |
Factors Impacting ANSS price | ANSS will decline at least -0.675% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TLT(-10%) SHY(-4%) IPO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.675% (StdDev 1.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|