Trading Signals: IWM Stock Price Prediction and Forecast

^ IWM: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Nov. 21, 2008

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jan. 15, 2021)

(iShares Russell 2000)
IWM latest price $40.6400 (5.48%) ($37.1200 - $40.8500) on Fri. Nov. 21, 2008.

Trend Analysis and Forecast

Trend Pattern   Downtrend Pop
Trend Narrative   Downtrend
Average Daily Price Swing   $4.21 (8.84% one month average)
Average Daily Percentage Swing   4.26% (three month average)
Weekly Trend Force   -1.8% (StdDev 4.26%)
Daily Moving Force   -0.5%
Rebound Strength   None(0%)
Trend   -1.68%
Latest Price   $40.6400(5.48%)
Forecasted Low Price   39.26(-3.4%)
Forecasted High Price   41.09(1.1%)
Direction of Next Movement   Lower(-2.3%)
% Change Needed for Trend Reversal   12.1%
Hourly Trend 0% [$0(0), $0(0)]
Complacency   0
Intraday Reversal Probability   N/A.
Daily Trend   IWM declines -2.3% a day on average for past five trading days.
Weekly Trend   IWM declines -10% 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 (90% probability)
SPY(91%)    XLY(88%)    PEJ(84%)    QQQ(84%)    XLK(83%)
Factors Impacting IWM price   IWM will advance at least -0% in a week (29% probabilities).
TLT(-42%)    SHY(-25%)    TIP(-14%)    REMX(-6%)    MCHI(-5%)
Trading Plan   Not Available

Valuation to SPY -1.4

Relative Volatility -0 (options are faily valued)

Market Trend Strength   -1.8% (StdDev 4.26%)
Hourly BBV 0 ()
Intraday Trend 3.4%

Next Hour Price   $40.64(0%)
1 - 5 Day Possible Target   $35.49(-12.67%)
Resistance Level   $47.63
5 Day Moving Average   $42.16(-3.61%)
10 Day Moving Average   $44.71(-9.1%)
20 Day Moving Average   $47.63(-14.68%)
To recent high   -45.8%
To recent low   5.5%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. IWM price fluctuates within 8.84% (three month std-dev: 4.26% one year average std_dev: 0%) daily (68% of days).
$. IWM price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20081221

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_21_2008	47.63 (-0.5%)	44.71 (-1.1%)	42.16 (-2.3%)		(0%)	40.64(5.48%)	37.12-40.85	-1.5(-1.7)	0	-0.5%	-1.8%	0%	-1.68%	Downtrend Pop	Lower(-2.3%)	0	28	2.1	0	0	Downtrend	38.92(-4.22%)	37.77-41.63	160.64	-45.8%-5.5%
2	Nov_20_2008	48 (-0.6%)	45.71 (-1.2%)	43.16 (-4.8%)		(0%)	38.53(-6.84%)	38.44-41.93	-2.2(-2.4)	0	-1%	-2.1%	4%	-1.6%	Growing Downtrend	Higher(4.3%)	0	22	1.9	0	0	Growing Downtrend	37.19(-3.49%)	35.87-39.78	140.07	-48.6%-0%
3	Nov_19_2008	48.58 (-0.6%)	46.87 (-1.1%)	45.32 (-1.8%)		(0%)	41.36(-8.15%)	41.24-45.15	-1.9(-2.2)	0	-0.4%	-1.9%	0%	-1.3%	Growing Downtrend	Range(1.8%)	0	32	1.6	0	0	Growing Downtrend	40.48(-2.12%)	39.55-42.4	96.01	-44.9%-0%
4	Nov_18_2008	49.07 (-0.6%)	47.91 (-1%)	46.16 (-1.4%)		(0%)	45.03(-0.49%)	43.1-45.99	-1.1(-1.4)	0	-0.3%	-1.6%	0%	-1.08%	Growing Downtrend	Range(-1.7%)	0	45	1.5	0	0	Growing Downtrend	44.25(-1.74%)	43.54-45.57	98.26	-40%-0.4%
5	Nov_17_2008	49.48 (-0.5%)	48.83 (-0.8%)	46.83 (-1.8%)		(0%)	45.25(-0.85%)	44.89-46.58	-1.2(-1.4)	0	-0.4%	-1.5%	0%	-0.84%	Growing Downtrend	Range(-1.5%)	0	47	1.5	0	0	Growing Downtrend	44.63(-1.36%)	44.02-45.87	84.05	-39.7%-0.9%

6	Nov_14_2008	49.95 (-0.5%)	49.68 (-0.4%)	47.67 (-2%)		(0%)	45.64(-7.44%)	45.5-49.31	-1.3(-1.5)	0	-0.4%	-1.4%	0%	-0.5%	Growing Downtrend	Range(1.9%)	0	56	1.4	0	0	Growing Downtrend	45.3(-0.75%)	44.85-46.3	98.7	-39.4%-1.7%
7	Nov_13_2008	50.3 (-0.4%)	50.5 (-0%)	48.66 (-0.1%)		(0%)	49.31(8.23%)	43.24-49.45	-0.3(-0.4)	0	%	-0.4%	0%	-0.14%	Growing Downtrend	Range(-0.4%)	0	56	1.4	0	0	N/A	49.35(0.08%)	48.9-49.72	142.36	-34.5%-9.9%
8	Nov_12_2008	50.51 (-0.4%)	50.72 (0.1%)	48.72 (-2.4%)		(0%)	45.56(-5.83%)	45.32-48.38	-1.7(-1.8)	0	-0.5%	-0.7%	0%	-0.06%	Downtrend Reversal	Range(1.7%)	0	46	1.5	0	0	Oversold	46.84(2.8%)	45.44-47.18	75.38	-39.5%-1.6%
9	Nov_11_2008	50.78 (-0.3%)	51.12 (0.3%)	49.93 (-2.4%)		(0%)	48.38(-2.16%)	48.01-49.9	-0.8(-0.9)	0	-0.5%	-0.3%	0%	0.1%	Downtrend Reversal	Range(0.3%)	0	47	1.4	0	0	N/A	48.93(1.14%)	48.19-49.55	73.19	-35.8%-7.8%
10	Nov_10_2008	51.12 (-0.2%)	51.19 (0.4%)	51.14 (-1.7%)		(0%)	49.45(-2.31%)	48.93-51.84	-0.6(-0.6)	0	-0.3%	0.3%	0%	0.22%	Uptrend Consolidation	Range(1.2%)	0	43	1.5	0	0	Uptrend Reversal	50.35(1.83%)	49.59-50.87	50.46	-34.3%-10.2%

11	Nov_7_2008	51.48 (-0.2%)	50.82 (0.2%)	52.01 (-1.2%)		(0%)	50.62(2.08%)	49.31-51.07	-0.4(-0.3)	0	-0.2%	0.4%	0%	0.12%	Uptrend Consolidation	Range(0.2%)	0	42	1.5	0	0	N/A	50.97(0.7%)	50.62-51.26	62.31	-32.8%-12.8%
12	Nov_6_2008	51.57 (-0.3%)	50.51 (0.2%)	52.64 (-0.7%)		(0%)	49.59(-3.88%)	49.54-51.7	-0.7(-0.7)	0	-0.1%	0%	0%	0.06%	Uptrend Consolidation Downtrend Pop	Range(1.8%)	0	46	1.5	0	0	N/A	50.17(1.16%)	49.59-50.64	85.23	-34.1%-10.5%
13	Nov_5_2008	51.61 (-0.4%)	50.47 (0.1%)	53.01 (1.1%)		(0%)	51.59(-5.24%)	51.31-54.44	-0(-0)	0	0.2%	0.1%	0%	-0.06%	Uptrend Reversal Downtrend Pop	Higher(2.9%)	0	46	1.5	0	0	Rebound	51.59(0%)	51.59-51.59	73.88	-31.5%-15%
14	Nov_4_2008	51.74 (-0.7%)	50.35 (0%)	52.43 (2.3%)		(0%)	54.44(1.15%)	53.39-55.21	0.8(0.9)	0	0.5%	0.3%	0%	-0.22%	Uptrend Reversal	Range(0.8%)	0	58	1.6	0	0	Rebound	52.99(-2.66%)	54.12-52.51	79.68	-27.7%-21.4%
15	Nov_3_2008	51.77 (-0.8%)	50.35 (-0.2%)	51.23 (3.6%)		(0%)	53.82(0.13%)	53.38-54.6	0.6(0.6)	0	0.7%	-0.1%	0%	-0.56%	Downtrend Consolidation	Range(0.6%)	0	47	1.8	0	0	Rebound	52.54(-2.37%)	52.92-52.39	54.87	-28.5%-20%

16	Oct_31_2008	52.01 (-0.9%)	50.14 (-0.5%)	49.44 (2.7%)		(0%)	53.75(4.51%)	50.48-54.09	0.4(0.4)	0	0.5%	0.1%	0%	-0.96%	Uptrend Reversal	Range(0.6%)	0	45	2.1	0	0	Rebound	52.58(-2.17%)	51.84-52.9	113.06	-28.6%-19.8%
17	Oct_30_2008	52.4 (-0.9%)	49.94 (-0.6%)	48.12 (1%)		(0%)	51.43(5.61%)	49.52-51.48	-0.1(-0.2)	0	0.2%	-0.6%	0%	-1.24%	Downtrend Consolidation	Range(-0.4%)	0	50	2.5	0	0	Downtrend	49.36(-4.02%)	48.43-51.55	77.44	-31.7%-14.6%
18	Oct_29_2008	52.95 (-0.8%)	50.12 (-0.5%)	47.63 (-0.8%)		(0%)	48.7(0.52%)	47.82-50.73	-0.7(-0.8)	0	-0.2%	-0.8%	0%	-1.28%	Growing Downtrend	Range(-1%)	0	50	2.9	0	0	Downtrend	46.22(-5.1%)	44.88-49.34	94.99	-35.3%-8.6%
19	Oct_28_2008	53.82 (-0.8%)	50.3 (-0.5%)	48 (-1.9%)		(0%)	48.45(8%)	44.08-48.7	-0.7(-0.9)	0	-0.4%	-1.5%	0%	-1.32%	Downtrend Pop	Lower(-1.9%)	0	44	3.2	0	0	Downtrend	45.55(-5.99%)	44.01-49.14	114.98	-35.7%-8%
20	Oct_27_2008	54.76 (-0.7%)	50.97 (-0.4%)	48.94 (-3.9%)		(0%)	44.86(-4.9%)	44.7-47.67	-1.4(-1.6)	0	-0.8%	-2.2%	0%	-1.2%	Growing Downtrend	Range(-0.6%)	0	37	3.4	0	0	Growing Downtrend	42.46(-5.35%)	40.42-46.16	99.42	-40.4%-0%

21	Oct_24_2008	55.78 (-0.7%)	52.2 (-0.3%)	50.91 (-2%)		(0%)	47.17(-3.72%)	44.89-48.2	-1.2(-1.3)	0	-0.4%	-1.4%	0%	-0.96%	Growing Downtrend	Range(0.1%)	0	35	3.5	0	0	Downtrend	44.99(-4.63%)	43.51-48.44	105.75	-37.4%-0%
22	Oct_23_2008	56.93 (-0.6%)	52.79 (-0.3%)	51.96 (-1.8%)		(0%)	48.99(-3.01%)	46.68-50.94	-1.1(-1.2)	0	-0.4%	-0.8%	0%	-1.04%	Growing Downtrend	Range(0.3%)	0	34	3.6	0	0	Rebound	51.07(4.24%)	44.84-53.73	133.2	-34.9%-0%
23	Oct_22_2008	57.97 (-0.6%)	52.97 (-0.4%)	52.91 (0%)		(0%)	50.51(-5.02%)	49.31-52.46	-1(-1.1)	0	%	-1%	0%	-1.18%	Downtrend Consolidation	Range(1.5%)	0	34	3.6	0	0	Rebound	52.57(4.07%)	45.91-55.42	91.86	-32.9%-1%
24	Oct_21_2008	58.93 (-0.6%)	53.38 (-0.6%)	52.89 (-0.8%)		(0%)	53.18(-2.76%)	52.82-54.59	-0.7(-0.8)	0	-0.2%	-0.8%	0%	-1.46%	Growing Downtrend	Range(0.4%)	0	33	3.7	0	0	Rebound	53.7(0.98%)	47.31-56.44	83.01	-29.4%-6.4%
25	Oct_20_2008	59.79 (-0.6%)	53.62 (-0.7%)	53.33 (-0.9%)		(0%)	54.69(4.27%)	52.46-54.71	-0.6(-0.7)	0	-0.2%	-1%	0%	-1.64%	Downtrend Pop	Range(-1.2%)	0	34	3.8	0	0	Downtrend	50.15(-8.31%)	47.83-55.55	82.67	-27.4%-9.4%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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