Trading Signals: IWM Stock Price Prediction and Forecast

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Thu. Apr. 23, 2015

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

(iShares Russell 2000)
IWM latest price $126.2800 (0.45%) ($125.2600 - $126.5400) on Thu. Apr. 23, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.84% (three month average)
RSI   60
Latest Price   $126.2800(0.45%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Weekly Trend   IWM advances 0.2% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support IWM advance at 0% a week (0% probability)
IVE(88%)    SPY(87%)    PEJ(83%)    VT(83%)    VYM(80%)
Factors Impacting IWM price   IWM will decline at least -0.42% in a week (0% probabilities).
VIXM(-29%)    TLT(-22%)    UUP(-11%)    SHY(-7%)    IGOV(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.42% (StdDev 0.84%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $125.52(0.61%)
10 Day Moving Average   $125.76(0.41%)
20 Day Moving Average   $125.12(0.93%)
To recent high   -0.2%
To recent low   9.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.1
One Month Target Price   > $126.28
(if BBV positive, VIX trend negative.)
Correction Price   < $120.98

$. The price is -0.2% 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 -0.7% away from the target price of 126.28.
$. IWM price fluctuates within 0.82% (three month std-dev: 0.84%) daily (68% of days).

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