Wednesday, August 29, 2012

ANSYS - ANSS - Barchart Chart of the Day


Barchart.coms Chart of the Day - ANSYS (ANSS)
The "Chart of the Day" is ANSYS (ANSS), which showed up on Tuesday's Barchart "All-Time High" list. ANSYS on Tuesday posted a new all-time high of $69.66 and closed +2.27%. TrendSpotter has been long since Aug 3 at $67.71. In recent news on the stock, RW Baird on Aug 3 upgraded ANSYS to Outperform from Neutral and raised its target to $76 from $64, citing solid Q2 results. ANSYS on Aug 2 reported Q2 adjusted EPS of 72 cents, above the consensus of 66 cents. ANSYS (ANSS), with a market cap of $6 billion, develops and sells engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 80% Buy
  • Medium-Term Indicators: 75% Buy
  • Long-Term Indicators: 33% Buy
  • Overall Average 72% Buy


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