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     Fri. Dec. 27, 2013

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

(iShares Russell 2000)

IWM latest price $115.1600 (-0.06%) ($114.7800 - $115.7400) on Fri. Dec. 27, 2013.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  0.88% (three month average)
RSI   60
Latest Price   $115.1600(-0.06%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.5% a day on average for past five trading days.
Weekly Trend  IWM advances 1.8% 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%)    XAR(79%)    XLY(78%)    QQQ(76%)  
Factors Impacting IWM price  IWM will decline at least -0.44% in a week (0% probabilities).
  TLT(-23%)    IGOV(-8%)    SHY(-7%)    GDXJ(-5%)    UUP(-1%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.44% (StdDev 0.88%)
Hourly BBV   0 ()
Intraday Trend   -0.3%
  
 

  


5 Day Moving Average  $114.86(0.26%)
10 Day Moving Average  $113.34(1.61%)
20 Day Moving Average  $112.5(2.36%)
To recent high  -0.1%
To recent low  11.1%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.6
One Month Target Price  > $115.16
(if BBV positive, VIX trend negative.)
Correction Price  < $110.09
 
 

$. The price is -0.1% 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 -2.3% away from the target price of 115.16.
$. IWM price fluctuates within 1.5% (three month std-dev: 0.88%) daily (68% of days).

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