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     Fri. Dec. 9, 2011

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 14, 2024)

(iShares Russell 2000)

IWM latest price $74.5400 (3.01%) ($72.3800 - $74.9700) on Fri. Dec. 9, 2011.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.55% (three month average)
RSI   56
Latest Price   $74.5400(3.01%)
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 advances 3.6% 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(87%)    PEJ(83%)    XLY(78%)    QQQ(77%)    XAR(77%)  
Factors Impacting IWM price  IWM will decline at least -1.275% in a week (0% probabilities).
  TLT(-26%)    SHY(-7%)    IGOV(-3%)    TIP(-0%)    GLD(6%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.275% (StdDev 2.55%)
Hourly BBV   0 ()
Intraday Trend   2.8%
  
 

  


5 Day Moving Average  $74.23(0.42%)
10 Day Moving Average  $73.18(1.86%)
20 Day Moving Average  $72.23(3.2%)
To recent high  -2.5%
To recent low  22.2%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1
One Month Target Price  > $77
(if BBV positive, VIX trend negative.)
Correction Price  < $67.18
 
 

$. The price is -2.5% 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 3.3% away from the target price of 77.
$. IWM price fluctuates within 3.35% (three month std-dev: 2.55%) daily (68% of days).

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