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     Thu. Jun. 18, 2015

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Thu. May. 30, 2024)

(iShares Russell 2000)

IWM latest price $127.9200 (1.34%) ($126.7400 - $128.2400) on Thu. Jun. 18, 2015.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  0.78% (three month average)
RSI   69
Latest Price   $127.9200(1.34%)
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 0.7% 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(84%)    VT(83%)    VYM(80%)  
Factors Impacting IWM price  IWM will decline at least -0.39% in a week (0% probabilities).
  VIXM(-29%)    TLT(-22%)    UUP(-11%)    SHY(-7%)    IGOV(-7%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.39% (StdDev 0.78%)
Hourly BBV   0 ()
Intraday Trend   0.9%
  
 

  


5 Day Moving Average  $126.41(1.19%)
10 Day Moving Average  $125.94(1.57%)
20 Day Moving Average  $125.25(2.13%)
To recent high  0%
To recent low  5.9%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  2.5
One Month Target Price  > $130.35
(if BBV positive, VIX trend negative.)
Correction Price  < $125.27
 
 

$. The price is 0% 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 130.35.
$. IWM price fluctuates within 0.84% (three month std-dev: 0.78%) daily (68% of days).

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