Trading Signals: IWM Stock Price Prediction and Forecast

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

Tue. Feb. 15, 2011

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. Jun. 3, 2024)

(iShares Russell 2000)
IWM latest price $82.0200 (-0.57%) ($81.8300 - $82.4900) on Tue. Feb. 15, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.98% (three month average)
RSI   65
Latest Price   $82.0200(-0.57%)
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 1.9% 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(76%)
Factors Impacting IWM price   IWM will decline at least -0.49% in a week (0% probabilities).
TLT(-31%)    SHY(-8%)    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   -0.49% (StdDev 0.98%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $81.73(0.35%)
10 Day Moving Average   $81.02(1.23%)
20 Day Moving Average   $79.71(2.9%)
To recent high   -0.6%
To recent low   16.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.4
One Month Target Price   > $82.02
(if BBV positive, VIX trend negative.)
Correction Price   < $78

$. 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 -6.3% away from the target price of 82.02.
$. IWM price fluctuates within 2.01% (three month std-dev: 0.98%) daily (68% of days).

getNextHourMoveProbability failed