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     Wed. Sep. 29, 2010

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

(iShares Russell 2000)

IWM latest price $67.6700 (0.28%) ($67.1200 - $67.9500) on Wed. Sep. 29, 2010.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.72% (three month average)
RSI   71
Latest Price   $67.6700(0.28%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.6% a day on average for past five trading days.
Weekly Trend  IWM advances 1.7% 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(88%)    PEJ(84%)    XLY(80%)    QQQ(78%)    EWG(75%)  
Factors Impacting IWM price  IWM will decline at least -0.86% in a week (0% probabilities).
  TLT(-30%)    SHY(-9%)    TIP(-5%)    IGOV(2%)    GLD(5%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.86% (StdDev 1.72%)
Hourly BBV   0 ()
Intraday Trend   0.4%
  
 

  


5 Day Moving Average  $66.77(1.35%)
10 Day Moving Average  $66.39(1.93%)
20 Day Moving Average  $65.24(3.72%)
To recent high  0%
To recent low  14.6%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.6
One Month Target Price  > $69.43
(if BBV positive, VIX trend negative.)
Correction Price  < $63.46
 
 

$. 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 2.6% away from the target price of 69.43.
$. IWM price fluctuates within 2.36% (three month std-dev: 1.72%) daily (68% of days).

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