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     Tue. May. 10, 2011

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. Jun. 5, 2024)

(iShares Russell 2000)

IWM latest price $85.5300 (1.53%) ($84.5600 - $85.5400) on Tue. May. 10, 2011.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.12% (three month average)
RSI   67
Latest Price   $85.5300(1.53%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.3% a day on average for past five trading days.
Weekly Trend  IWM declines -0.2% 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 -0.56% in a week (0% probabilities).
  TLT(-31%)    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  -0.56% (StdDev 1.12%)
Hourly BBV   0 ()
Intraday Trend   1%
  
 

  


5 Day Moving Average  $83.82(2.04%)
10 Day Moving Average  $84.65(1.04%)
20 Day Moving Average  $84.02(1.8%)
To recent high  -1%
To recent low  9.3%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.1
One Month Target Price  > $87.16
(if BBV positive, VIX trend negative.)
Correction Price  < $82.28
 
 

$. The price is -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 1.9% away from the target price of 87.16.
$. IWM price fluctuates within 1.62% (three month std-dev: 1.12%) daily (68% of days).

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