Trading Signals: IWM Stock Price Prediction and Forecast

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Fri. Mar. 5, 2004

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Thu. Jun. 20, 2024)

(iShares Russell 2000)
IWM latest price $59.7500 (0.23%) ($59.1000 - $60.2200) on Fri. Mar. 5, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.11% (three month average)
RSI   58
Latest Price   $59.7500(0.23%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   IWM advances 0.5% a day on average for past five trading days.
Weekly Trend   IWM advances 0.8% 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%)    EWG(77%)
Factors Impacting IWM price   IWM will decline at least -0.555% in a week (0% probabilities).
TLT(-32%)    SHY(-19%)    TIP(-11%)    REMX(0%)    LQD(14%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.555% (StdDev 1.11%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $59.26(0.83%)
10 Day Moving Average   $58.48(2.17%)
20 Day Moving Average   $58.52(2.1%)
To recent high   -0.3%
To recent low   13.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.5
One Month Target Price   > $59.75
(if BBV positive, VIX trend negative.)
Correction Price   < $56.43

$. The price is -0.3% 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 59.75.
$. IWM price fluctuates within 1.37% (three month std-dev: 1.11%) 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

> 20040405

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	Mar_5_2004	55.71	58.52	58.48	59.26			59.75(0.23%)	UT	OpenLong	75	0.6	18	-10000	8	49	9.17	57%	0.13	63.5	1.11%	0	1.5	58	0
2	Mar_4_2004	55.64	58.37	58.28	58.98			59.61(1.26%)	UT	OpenLong	75	0.8	13	-10000	9	25	4.84	57%	0.14	47.2	1.13%	0	1.5	53	0
3	Mar_3_2004	55.56	58.2	58.09	58.67			58.87(0.1%)	N/A	N/A	0	0.2	4	-10000	7	-4	8.67	52%	0.11	23.2	1.12%	0	0.7	45	0
4	Mar_2_2004	55.5	58.14	58.08	58.44			58.81(-0.79%)	N/A	N/A	0	0.4	5	-10000	11	-15	14.43	52%	0.11	8.4	1.14%	0	0.7	48	0
5	Mar_1_2004	55.44	58.09	58.11	58.06			59.28(1.59%)	N/A	N/A	0	1.4	5	-10000	15	-24	11.02	52%	0.14	-13.1	1.14%	0	1.3	56	0

6	Feb_27_2004	55.36	58.01	58	57.58			58.35(0.52%)	DP	OpenShort	-65	0.9	-11	-10000	3	-53	9.05	50%	0.11	-37.9	1.12%	0	0.4	52	0
7	Feb_26_2004	55.3	57.98	58.04	57.47			58.05(0.61%)	DP	OpenShort	-65	0.7	-10	-10000	1	-42	8.31	50%	0.13	-49	1.13%	0	0.1	60	0
8	Feb_25_2004	55.23	57.99	58.16	57.43			57.7(1.41%)	DP	OpenShort	-75	0.3	-12	-10000	-8	-23	10.5	50%	0.11	-56.6	1.13%	0	-0.3	62	0
9	Feb_24_2004	55.17	58.06	58.28	57.68			56.9(-0.02%)	DT	OpenShort	-75	-0.9	-12	-10000	-15	-2	14.17	51%	0.11	-48	1.12%	0	-1.3	48	0
10	Feb_23_2004	55.11	58.21	58.44	58.17			56.91(-1.51%)	UD	OpenLong	65	-1.4	1	-10000	-8	28	12.41	51%	0.11	-26.3	1.16%	0	-1.4	46	0

11	Feb_20_2004	55.05	58.34	58.59	58.45			57.78(-0.17%)	UD	OpenLong	65	-0.7	7	-10000	-7	47	10.97	54%	0.15	-13.5	1.14%	0	-0.6	51	0
12	Feb_19_2004	54.97	58.4	58.51	58.68			57.88(-1.77%)	UD	OpenLong	65	-0.9	6	-10000	-9	51	9.32	54%	0.15	-3.2	1.15%	0	-0.6	52	0
13	Feb_18_2004	54.89	58.47	58.37	58.97			58.92(-0.72%)	UD	OpenLong	65	-0.1	13	-10000	-1	54	5.22	57%	0.2	12.6	1.12%	0	0.5	53	0
14	Feb_17_2004	54.78	58.49	58.24	58.99			59.35(1.75%)	UT	OpenLong	75	0.4	17	-10000	7	46	6.61	57%	0.31	18.5	1.13%	0	0.9	49	0
15	Feb_13_2004	54.61	58.45	58.09	58.77			58.33(-1.02%)	UD	OpenLong	75	-0.5	5	-10000	1	17	7.42	51%	0.17	20.1	1.15%	0	-0.1	39	0

16	Feb_12_2004	54.52	58.46	58.04	58.74			58.93(-0.69%)	UD	OpenLong	75	0.2	12	-10000	13	7	5.12	54%	0.17	23.9	1.14%	0	0.5	46	0
17	Feb_11_2004	54.43	58.43	57.91	58.3			59.34(0.61%)	N/A	N/A	0	1.1	9	-10000	19	-23	8.2	54%	0.15	15.9	1.17%	0	1	50	0
18	Feb_10_2004	54.35	58.35	57.78	57.67			58.98(1.2%)	DP	OpenShort	-65	1.4	-11	-10000	8	-68	4.9	52%	0.15	3.8	1.17%	0	0.7	46	0
19	Feb_9_2004	54.27	58.31	57.77	57.4			58.28(0.21%)	DP	OpenShort	-65	1	-20	-10000	2	-86	8.76	50%	0.13	3.9	1.18%	0	-0	41	0
20	Feb_6_2004	54.2	58.26	57.91	57.33			58.16(2.52%)	DP	OpenShort	-65	0.9	-19	-10000	2	-81	11.46	50%	0.11	6.9	1.19%	0	-0.1	47	0

21	Feb_5_2004	54.14	58.24	58.02	57.26			56.73(0.94%)	DP	OpenShort	-75	-0.6	-26	-10000	-6	-85	9.36	46%	0.11	15.5	1.15%	0	-1.6	40	0
22	Feb_4_2004	54.08	58.28	58.26	57.46			56.2(-2.48%)	DT	OpenShort	-75	-1.4	-28	-10000	-13	-73	11.44	46%	0.09	27.6	1.15%	0	-2.3	38	0
23	Feb_3_2004	54.03	58.32	58.59	57.88			57.63(-0.55%)	DT	OpenShort	-75	-0.3	-18	-10000	-10	-43	4.68	53%	0.13	45	1.1%	0	-0.8	50	0
24	Feb_2_2004	53.96	58.28	58.78	58.19			57.95(0.26%)	DP	OpenShort	-75	-0.3	-14	-10000	-12	-18	10.31	53%	0.15	59.4	1.11%	0	-0.4	50	0
25	Jan_30_2004	53.88	58.2	58.87	58.59			57.8(0.12%)	N/A	N/A	0	-0.8	-3	-10000	-9	17	8.86	53%		68.3	1.12%	0	-0.4	59	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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