Trading Signals: IWM Stock Price Prediction and Forecast

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Wed. Nov. 24, 2010

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. May. 22, 2024)

(iShares Russell 2000)
IWM latest price $73.7300 (2.25%) ($72.7500 - $73.7500) on Wed. Nov. 24, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.32% (three month average)
RSI   51
Latest Price   $73.7300(2.25%)
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)
SPY(88%)    PEJ(84%)    XLY(80%)    QQQ(79%)    EWG(75%)
Factors Impacting IWM price   IWM will decline at least -0.66% in a week (0% probabilities).
TLT(-31%)    SHY(-9%)    TIP(-5%)    IGOV(2%)    GLD(4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.66% (StdDev 1.32%)
Hourly BBV 0 ()
Intraday Trend 1.3%

5 Day Moving Average   $72.66(1.47%)
10 Day Moving Average   $72.23(2.08%)
20 Day Moving Average   $72.14(2.2%)
To recent high   -0.1%
To recent low   23.6%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.3
One Month Target Price   > $73.73
(if BBV positive, VIX trend negative.)
Correction Price   < $68.86

$. The price is -0.1% 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 -10.4% away from the target price of 73.73.
$. IWM price fluctuates within 1.76% (three month std-dev: 1.32%) 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

> 20101224

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	Nov_24_2010	66.54	72.14	72.23	72.66			73.73(2.25%)	N/A	N/A	0	0.8	6	-10000	12	-14	42.14	73%	0.23	43.2	1.32%	0	1.3	51	0
2	Nov_23_2010	66.39	71.98	72.18	72.08			72.11(-0.95%)	DP	OpenShort	-65	0	-2	-10000	6	-26	52.2	72%	0.09	32.6	1.32%	0	0.1	54	0
3	Nov_22_2010	66.33	71.91	72.23	71.79			72.8(0.48%)	DP	OpenShort	-65	0.8	-5	-10000	3	-30	42.17	72%	0.2	30.3	1.32%	0	0.7	59	0
4	Nov_19_2010	66.2	71.81	72.3	71.63			72.45(0.33%)	DP	OpenShort	-65	0.6	-2	-10000	2	-15	32.83	66%	0.18	26.4	1.32%	0	0.5	65	0
5	Nov_18_2010	66.08	71.71	72.42	71.55			72.21(1.95%)	DP	OpenShort	-75	0.5	-3	-10000	-4	-1	52.64	66%	0.17	23.8	1.37%	0	0.4	61	0

6	Nov_17_2010	65.97	71.6	72.53	71.76			70.83(0.27%)	N/A	N/A	0	-0.7	-3	-10000	-11	22	39.51	64%	0.14	25.9	1.36%	0	-0.6	57	0
7	Nov_16_2010	65.88	71.58	72.63	72.3			70.64(-1.94%)	UD	OpenLong	65	-1.2	6	-10000	-8	48	70.14	64%	0.09	34.5	1.37%	0	-0.7	54	0
8	Nov_15_2010	65.82	71.54	72.73	72.72			72.04(0.01%)	UD	OpenLong	65	-0.5	12	-10000	-7	69	38.92	68%	0.12	43.9	1.34%	0	0.4	59	0
9	Nov_12_2010	65.74	71.48	72.55	73.05			72.03(-1.67%)	UD	OpenLong	65	-0.7	14	-10000	-7	77	48.8	68%	0.14	55.3	1.35%	0	0.4	59	0
10	Nov_11_2010	65.65	71.39	72.4	73.4			73.25(-0.39%)	UD	OpenLong	75	-0.1	24	-10000	-0	95	42.99	64%	0.12	65.8	1.34%	0	1.3	69	0

11	Nov_10_2010	65.57	71.25	72.1	73.42			73.54(1.11%)	UT	OpenLong	75	0.1	30	-10000	8	96	53.67	64%	0.14	77.5	1.43%	0	1.7	73	0
12	Nov_9_2010	65.48	71.09	71.79	73.02			72.73(-1.33%)	UD	OpenLong	75	-0.2	26	-10000	6	85	48.44	64%	0.11	80.7	1.45%	0	1.3	67	0
13	Nov_8_2010	65.41	70.93	71.58	72.73			73.71(-0.08%)	UD	OpenLong	75	0.8	33	-10000	15	88	31.66	64%	0.11	78.8	1.44%	0	2.2	78	0
14	Nov_5_2010	65.34	70.7	71.27	71.95			73.77(0.56%)	UT	OpenLong	75	1.6	25	-10000	13	62	45.66	64%	0.11	79.4	1.44%	0	2.7	64	0
15	Nov_4_2010	65.27	70.47	70.9	71.26			73.36(2.53%)	UT	OpenLong	75	2.2	20	-10000	13	40	60.91	64%	0.11	79.7	1.45%	0	3	65	0

16	Nov_3_2010	65.2	70.21	70.53	70.6			71.55(0.39%)	UT	OpenLong	75	1.2	6	-10000	4	12	58.04	61%	0.06	82	1.43%	0	1.7	56	0
17	Nov_2_2010	65.16	70.07	70.39	70.4			71.27(2.08%)	UT	OpenLong	75	1.2	2	-10000	2	2	55.1	61%	0.09	84.1	1.43%	0	1.6	54	0
18	Nov_1_2010	65.1	69.95	70.21	70.28			69.82(-0.68%)	DT	OpenShort	-75	-0.5	-4	-10000	-4	-4	47.36	58%	0.08	70.9	1.43%	0	-0.1	54	0
19	Oct_29_2010	65.05	69.82	70.21	70.46			70.3(0.31%)	UT	OpenLong	75	-0.2	3	-10000	-0	12	40.46	58%	0.11	70.9	1.42%	0	0.5	59	0
20	Oct_28_2010	64.98	69.7	70.31	70.47			70.08(-0.61%)	UD	OpenLong	75	-0.4	6	-10000	1	19	48.48	58%	0.12	70.4	1.42%	0	0.3	58	0

21	Oct_27_2010	64.9	69.58	70.31	70.43			70.51(-0.25%)	UD	OpenLong	75	0.1	8	-10000	1	29	53.52	58%	0.12	75.9	1.44%	0	0.8	68	0
22	Oct_26_2010	64.82	69.44	70.36	70.37			70.69(-0.07%)	UD	OpenLong	75	0.3	14	-10000	5	40	37.89	58%	0.14	79.5	1.44%	0	1	67	0
23	Oct_25_2010	64.73	69.29	70.25	70.13			70.74(0.6%)	UT	HoldLong	50	0.5	8	-10000	-1	33	36.1	58%	0.12	74.6	1.46%	0	1.1	65	0
24	Oct_22_2010	64.65	69.09	70.11	70.16			70.32(0.64%)	UT	OpenLong	75	0.1	12	-10000	0	48	26.27	65%	0.05	73.7	1.49%	0	0.9	73	0
25	Oct_21_2010	64.62	68.93	70.01	70.15			69.87(-0.48%)	UD	OpenLong	65	-0.2	12	-10000	-2	53	62.49	65%		69.7	1.54%	0	0.6	63	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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