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     Mon. Nov. 29, 2010

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. Jun. 18, 2024)

(iShares Russell 2000)

IWM latest price $73.3300 (-0.08%) ($72.0300 - $73.5100) on Mon. Nov. 29, 2010.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.29% (three month average)
RSI   47
Latest Price   $73.3300(-0.08%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.2% a day on average for past five trading days.
Weekly Trend  IWM advances 0.1% 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 -0.645% 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  -0.645% (StdDev 1.29%)
Hourly BBV   0 ()
Intraday Trend   0.5%
  
 

  


5 Day Moving Average  $73.07(0.36%)
10 Day Moving Average  $72.4(1.28%)
20 Day Moving Average  $72.45(1.21%)
To recent high  -0.6%
To recent low  21.9%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  0.8
One Month Target Price  > $73.33
(if BBV positive, VIX trend negative.)
Correction Price  < $68.6
 
 

$. The price is -0.6% 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 -9% away from the target price of 73.33.
$. IWM price fluctuates within 1.55% (three month std-dev: 1.29%) daily (68% of days).

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