| ANSS latest price $92.4100 (3.32%) ($90.0000 - $92.4500) on Thu. Jun. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 72 |
Latest Price | $92.4100(3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.8% 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(76%) QQQ(75%) |
Factors Impacting ANSS price | ANSS will decline at least -0.675% in a week (0% probabilities). VIXM(-18%) UUP(-16%) TLT(-10%) IPO(-5%) SHY(-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 | -0.675% (StdDev 1.35%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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