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     Mon. May. 14, 2018

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. May. 31, 2024)

(iShares Russell 2000)

IWM latest price $159.2300 (-0.38%) ($159.0500 - $160.6900) on Mon. May. 14, 2018.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.04% (three month average)
RSI   70
Latest Price   $159.2300(-0.38%)
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 1.6% a week on average for past two weeks.
Market Behavior  Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs  Broad market will support IWM advance at 0% a week (0% probability)
  IWN(97%)    IWO(97%)    IWC(95%)    IWD(90%)    PAVE(90%)  
Factors Impacting IWM price  IWM will decline at least -0.52% in a week (0% probabilities).
  UUP(-19%)    TLT(-19%)    VIXM(-17%)    DIA(-5%)    SHY(-3%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.52% (StdDev 1.04%)
Hourly BBV   0 ()
Intraday Trend   -0.5%
  
 

  


5 Day Moving Average  $159.02(0.13%)
10 Day Moving Average  $157.18(1.3%)
20 Day Moving Average  $156.25(1.91%)
To recent high  -0.4%
To recent low  7.5%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.5
One Month Target Price  > $163.85
(if BBV positive, VIX trend negative.)
Correction Price  < $155.33
 
 

$. The price is -0.4% 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 2.9% away from the target price of 163.85.
$. IWM price fluctuates within 1.25% (three month std-dev: 1.04%) daily (68% of days).

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