Trading Signals: IWM Stock Price Prediction and Forecast

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Thu. Jan. 8, 2004

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. May. 21, 2024)

(iShares Russell 2000)
IWM latest price $57.6100 (0.75%) ($57.2100 - $57.8700) on Thu. Jan. 8, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.18% (three month average)
RSI   82
Latest Price   $57.6100(0.75%)
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 advances 2.2% 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)
SPY(89%)    XLY(83%)    QQQ(82%)    XLK(79%)    EEM(76%)
Factors Impacting IWM price   IWM will decline at least -0.59% in a week (0% probabilities).
TLT(-32%)    SHY(-19%)    TIP(-11%)    REMX(0%)    LQD(13%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.59% (StdDev 1.18%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $56.8(1.43%)
10 Day Moving Average   $56.25(2.42%)
20 Day Moving Average   $55.2(4.37%)
To recent high   0%
To recent low   13.8%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   2
One Month Target Price   > $57.61
(if BBV positive, VIX trend negative.)
Correction Price   < $54.21

$. The price is 0% 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 -2% away from the target price of 57.61.
$. IWM price fluctuates within 2.23% (three month std-dev: 1.18%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_8_2004	52.56	55.2	56.25	56.8			57.61(0.75%)	UT	HoldLong	65	0.7	39	-10000	13	116	6.27	52%	0.17	60.5	1.18%	0	2	82	0
2	Jan_7_2004	52.47	54.98	55.99	56.36			57.18(1.06%)	UT	HoldLong	65	0.7	31	-10000	6	105	5.92	52%	0.17	44.1	1.19%	0	1.8	81	0
3	Jan_6_2004	52.38	54.82	55.75	56.17			56.58(-0.12%)	UD	OpenLong	75	0.4	30	-10000	3	111	6.2	52%	0.17	37.1	1.18%	0	1.5	81	0
4	Jan_5_2004	52.29	54.67	55.51	56.07			56.65(1.16%)	UT	OpenLong	75	0.5	33	-10000	8	107	8.69	52%	0.17	33.3	1.19%	0	1.8	64	0
5	Jan_2_2004	52.2	54.55	55.28	55.79			56(1.08%)	UT	OpenLong	75	0.2	28	-10000	6	95	11.18	54%	0.29	28.9	1.19%	0	1.5	63	0

6	Dec_31_2003	52.05	54.46	55.05	55.6			55.4(-1.46%)	UD	OpenLong	75	-0.2	25	-10000	2	92	12.73	57%	0.17	27	1.19%	0	1.1	69	0
7	Dec_30_2003	51.96	54.45	54.87	55.54			56.22(0.25%)	UT	OpenLong	75	0.8	30	-10000	8	94	5.74	58%	0.21	33.1	1.21%	0	2	70	0
8	Dec_29_2003	51.85	54.4	54.57	55.26			56.08(1.52%)	UT	OpenLong	75	1	27	-10000	11	74	4.84	60%	0.21	41.2	1.23%	0	2	60	0
9	Dec_26_2003	51.74	54.32	54.39	54.88			55.24(0.36%)	UT	OpenLong	75	0.5	19	-10000	5	59	1.51	56%	0.31	49.3	1.24%	0	1.3	59	0
10	Dec_24_2003	51.58	54.27	54.29	54.71			55.04(-0.13%)	UD	OpenLong	75	0.5	18	-10000	8	49	1.27	49%	0.19	58.1	1.3%	0	1.1	52	0

11	Dec_23_2003	51.48	54.23	54.07	54.41			55.11(0.55%)	UT	OpenLong	75	1	13	-10000	9	23	5.99	51%	0.18	64	1.34%	0	1.3	54	0
12	Dec_22_2003	51.39	54.16	53.88	54.1			54.81(1.13%)	RB	SmallLong	20	1.1	5	-10000	9	-6	4.39	49%	0.16	62.3	1.35%	0	1	45	0
13	Dec_19_2003	51.31	54.06	53.8	53.78			54.2(-0.33%)	DT	OpenShort	-75	0.6	-10	-10000	-2	-35	7.82	49%	0.14	42.9	1.35%	0	0.2	41	0
14	Dec_18_2003	51.24	53.96	53.8	53.84			54.38(1.55%)	DP	OpenShort	-65	0.6	-9	-10000	1	-39	9.74	49%	0.16	27.6	1.35%	0	0.5	47	0
15	Dec_17_2003	51.16	53.87	53.76	53.82			53.55(-0.02%)	DT	HoldShort	-50	-0.3	-7	-10000	4	-39	6.91	47%	0.12	18.2	1.35%	0	-0.4	45	0

16	Dec_16_2003	51.1	53.8	53.83	53.67			53.56(0.66%)	DT	HoldShort	-50	-0.1	-10	-10000	2	-46	8.36	49%	0.12	8.2	1.35%	0	-0.2	47	0
17	Dec_15_2003	51.04	53.8	54	53.61			53.21(-2.33%)	DT	OpenShort	-75	-0.4	-14	-10000	-5	-42	7.39	49%	0.12	3.6	1.35%	0	-0.5	48	0
18	Dec_12_2003	50.98	53.75	54.22	53.81			54.48(0.37%)	N/A	N/A	0	0.7	1	-10000	4	-9	8.46	52%	0.16	5.2	1.32%	0	0.7	63	0
19	Dec_11_2003	50.9	53.72	54.23	53.68			54.28(2.78%)	N/A	N/A	0	0.6	-0	-10000	-1	2	8.99	52%	0.16	0.5	1.32%	0	0.5	65	0
20	Dec_10_2003	50.82	53.72	54.25	53.72			52.81(-0.9%)	N/A	N/A	0	-0.9	-3	-10000	-9	17	9.32	46%	0.14	1.6	1.28%	0	-0.9	56	0

21	Dec_9_2003	50.75	53.72	54.41	54.02			53.29(-1.68%)	UD	OpenLong	65	-0.7	3	-10000	-12	49	7.1	46%	0.14	5.8	1.3%	0	-0.4	63	0
22	Dec_8_2003	50.68	53.71	54.48	54.44			54.2(0.74%)	UD	OpenLong	65	-0.2	16	-10000	-7	84	6.08	50%	0.18	14.7	1.29%	0	0.5	63	0
23	Dec_5_2003	50.59	53.69	54.35	54.68			53.8(-1.25%)	UD	OpenLong	65	-0.9	20	-10000	-5	96	6.81	50%	0.16	27.4	1.29%	0	0.1	56	0
24	Dec_4_2003	50.51	53.72	54.21	54.68			54.48(0.24%)	UT	OpenLong	75	-0.4	23	-10000	0	93	7.72	50%	0.14	38	1.29%	0	0.7	51	0
25	Dec_3_2003	50.44	53.69	54.01	54.87			54.35(-1.81%)	UD	OpenLong	75	-0.5	22	-10000	1	83	4.84	50%		43.7	1.29%	0	0.6	52	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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