Trading Signals: IWM Stock Price Prediction and Forecast

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Thu. Apr. 7, 2011

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 7, 2024)

(iShares Russell 2000)
IWM latest price $84.8700 (-0.6%) ($84.6200 - $85.7800) on Thu. Apr. 7, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.14% (three month average)
RSI   86
Latest Price   $84.8700(-0.6%)
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 2.5% 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 -0.57% in a week (0% probabilities).
TLT(-30%)    SHY(-8%)    TIP(-4%)    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 -0.7%

5 Day Moving Average   $84.94(-0.08%)
10 Day Moving Average   $84.05(0.98%)
20 Day Moving Average   $82.13(3.34%)
To recent high   -0.6%
To recent low   9.9%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.2
One Month Target Price   > $86.14
(if BBV positive, VIX trend negative.)
Correction Price   < $81.23

$. 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 1.5% away from the target price of 86.14.
$. IWM price fluctuates within 2.79% (three month std-dev: 1.14%) 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

> 20110507

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	Apr_7_2011	79.4	82.13	84.05	84.94			84.87(-0.6%)	UD	OpenLong	75	-0	35	-10000	3	132	69.45	49%	0.19	41.2	1.14%	0	1.2	86	0
2	Apr_6_2011	79.25	81.87	83.73	84.8			85.38(0.22%)	UT	HoldLong	65	0.3	42	-10000	6	150	59.05	49%	0.19	36	1.14%	0	1.6	92	0
3	Apr_5_2011	79.1	81.69	83.31	84.5			85.19(0.54%)	UT	HoldLong	65	0.3	48	-10000	10	161	45.47	51%	0.18	37.2	1.14%	0	1.7	92	0
4	Apr_4_2011	78.96	81.52	82.87	84.03			84.73(0.22%)	UT	HoldLong	65	0.4	48	-10000	11	158	42.24	49%	0.16	37.7	1.15%	0	1.7	82	0
5	Apr_1_2011	78.83	81.32	82.52	83.49			84.54(0.44%)	UT	OpenLong	75	0.6	45	-10000	10	148	49.19	51%	0.14	29.3	1.17%	0	1.8	74	0

6	Mar_31_2011	78.72	81.19	82.02	83.02			84.17(0.35%)	UT	OpenLong	75	0.7	41	-10000	11	131	41.64	51%	0.14	24.4	1.18%	0	1.8	69	0
7	Mar_30_2011	78.61	81.1	81.45	82.49			83.88(1.29%)	UT	OpenLong	75	0.9	35	-10000	11	105	42.16	51%	0.15	24.5	1.19%	0	1.9	69	0
8	Mar_29_2011	78.49	80.94	80.89	81.94			82.81(0.94%)	UT	OpenLong	75	0.6	22	-10000	8	65	40.97	50%	0.11	19.2	1.18%	0	1.4	51	0
9	Mar_28_2011	78.4	80.82	80.51	81.55			82.04(-0.22%)	UD	OpenLong	75	0.4	10	-10000	3	31	42.81	50%	0.11	9.8	1.17%	0	0.9	45	0
10	Mar_25_2011	78.31	80.81	80.26	81.4			82.22(0.87%)	UT	OpenLong	75	0.6	15	-10000	12	22	78.22	50%	0.12	3	1.16%	0	1.1	54	0

11	Mar_24_2011	78.22	80.8	80.03	80.85			81.51(0.48%)	RB	SmallLong	20	0.5	7	-10000	13	-10	52.88	50%	0.13	-12.4	1.17%	0	0.5	44	0
12	Mar_23_2011	78.12	80.74	79.86	80.23			81.12(0.31%)	DP	OpenShort	-65	0.7	-3	-10000	12	-49	58.05	50%	0.13	-33.3	1.18%	0	0.3	41	0
13	Mar_22_2011	78.02	80.67	79.92	79.66			80.87(-0.53%)	DP	OpenShort	-65	0.9	-10	-10000	8	-65	52.39	50%	0.15	-53.7	1.18%	0	0.2	50	0
14	Mar_21_2011	77.9	80.69	80.04	79.29			81.3(2.32%)	DP	OpenShort	-65	1.5	-12	-10000	7	-70	50.64	51%	0.14	-64.5	1.18%	0	0.5	53	0
15	Mar_18_2011	77.79	80.77	79.99	78.98			79.46(1.33%)	DP	OpenShort	-75	0.3	-26	-10000	-3	-96	70.06	48%	0.13	-62.2	1.14%	0	-0.9	39	0

16	Mar_17_2011	77.69	80.96	80.28	79.13			78.42(0.22%)	DP	OpenShort	-75	-0.5	-29	-10000	-7	-93	64.03	46%	0.1	-51.3	1.14%	0	-1.7	35	0
17	Mar_16_2011	77.61	81.18	80.71	79.44			78.25(-1%)	DT	OpenShort	-75	-0.8	-31	-10000	-17	-73	126.08	46%	0.1	-44	1.14%	0	-2.1	45	0
18	Mar_15_2011	77.53	81.38	81.01	80.2			79.04(-0.89%)	DT	OpenShort	-75	-0.9	-21	-10000	-15	-39	84.97	46%	0.1	-30.3	1.13%	0	-1.9	50	0
19	Mar_14_2011	77.45	81.56	81.2	80.88			79.75(-0.54%)	DT	OpenShort	-75	-1	-8	-10000	-6	-15	60.18	46%	0.13	-10.6	1.13%	0	-1.6	46	0
20	Mar_11_2011	77.35	81.68	81.46	81.15			80.18(0.26%)	DP	OpenShort	-75	-0.9	-11	-10000	-10	-14	83.24	46%	0.13	4.6	1.12%	0	-1.4	40	0

21	Mar_10_2011	77.25	81.75	81.67	81.6			79.97(-2.57%)	DT	OpenShort	-75	-1.6	-10	-10000	-12	-4	107.67	48%	0.13	24	1.13%	0	-1.7	40	0
22	Mar_9_2011	77.15	81.81	81.74	82.16			82.08(-0.4%)	UD	OpenLong	75	-0.1	6	-10000	5	10	51.24	52%	0.17	49.6	1.09%	0	0.3	48	0
23	Mar_8_2011	77.02	81.77	81.53	81.94			82.41(1.63%)	N/A	N/A	0	0.5	3	-10000	8	-11	67.77	52%	0.16	49.6	1.08%	0	0.7	51	0
24	Mar_7_2011	76.9	81.68	81.4	81.58			81.09(-1.64%)	DT	OpenShort	-75	-0.5	-13	-10000	-5	-38	90.8	49%	0.14	51.7	1.07%	0	-0.6	45	0
25	Mar_4_2011	76.79	81.63	81.61	81.82			82.44(-0.43%)	DP	OpenShort	-65	0.6	-5	-10000	1	-21	60.95	52%		65.9	1.04%	0	0.8	51	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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