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     Sun. Aug. 17, 2003

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. Jun. 17, 2024)

(iShares Russell 2000)

IWM latest price $47.1200 (0.68%) ($47.0200 - $47.3400) on Sun. Aug. 17, 2003.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.21% (three month average)
RSI   44
Latest Price   $47.1200(0.68%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.8% a day on average for past five trading days.
Weekly Trend  IWM declines -0.4% a week on average for past two weeks.
Market Behavior  Normal for large cap. Normal for small cap.
Correlated ETFs  Broad market will support IWM advance at 0% a week (0% probability)
  (0%)    (0%)    (0%)    (0%)    (0%)  
Factors Impacting IWM price  IWM will decline at least -0.605% in a week (0% probabilities).
  (0%)    (0%)    (0%)    (0%)    (0%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.605% (StdDev 1.21%)
Hourly BBV   0 ()
Intraday Trend   0.2%
  
 

  


5 Day Moving Average  $46.65(1.01%)
10 Day Moving Average  $46.1(2.21%)
20 Day Moving Average  $46.43(1.49%)
To recent high  -1.2%
To recent low  15.5%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1
One Month Target Price  > $47.12
(if BBV positive, VIX trend negative.)
Correction Price  < $44.27
 
 

$. The price is -1.2% to new high. In the past, the price will move at least 10% above the recent low once it hits new high. Now it's -3.4% away from the target price of 47.12.
$. IWM price fluctuates within 1.53% (three month std-dev: 1.21%) daily (68% of days).

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