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     Tue. Dec. 14, 2010

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

(iShares Russell 2000)

IWM latest price $77.3100 (-0.05%) ($77.1800 - $77.7200) on Tue. Dec. 14, 2010.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.14% (three month average)
RSI   82
Latest Price   $77.3100(-0.05%)
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 2.7% 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 -0.57% in a week (0% probabilities).
  TLT(-30%)    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  -0.57% (StdDev 1.14%)
Hourly BBV   0 ()
Intraday Trend   -0.5%
  
 

  


5 Day Moving Average  $77.15(0.21%)
10 Day Moving Average  $76.42(1.16%)
20 Day Moving Average  $74.53(3.73%)
To recent high  -0.6%
To recent low  19.2%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.3
One Month Target Price  > $77.31
(if BBV positive, VIX trend negative.)
Correction Price  < $72.9
 
 

$. 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 -7.8% away from the target price of 77.31.
$. IWM price fluctuates within 2.95% (three month std-dev: 1.14%) daily (68% of days).

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