| ANSS latest price $92.3800 (0.7%) ($91.6500 - $93.1300) on Wed. Oct. 5, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 43 |
Latest Price | $92.3800(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock 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 -0.49% in a week (0% probabilities). VIXM(-16%) UUP(-15%) TLT(-10%) SHY(-3%) GDXJ(-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 | -0.49% (StdDev 0.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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