Trading Signals: IWN Stock Price Prediction and Forecast

^ IWN: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Thu. Jun. 23, 2016

Trading Signals: IWN Stock Price Prediction and Forecast (Mon. Aug. 17, 2015 - Mon. Apr. 19, 2021)

(iShares Russell 2000 Value ETF)
IWN latest price $98.9600 (1.95%) ($97.9700 - $99.0000) on Thu. Jun. 23, 2016.

Trend Analysis and Forecast

Trend Pattern   Uptrend Reversal
Trend Narrative   N/A
Average Daily Price Swing   $0.99 (1.01% one month average)
Average Daily Percentage Swing   0.89% (three month average)
Weekly Trend Force   0.1% (StdDev 0.89%)
Daily Moving Force   0.5%
Correction Force   Weak (0%)
Hourly Trend Strength   0%
Trend   -0.02%
Trend Strength   -0.3%
Trend Clarity   0.1(0.1/0.99/97.55)
RSI   58
Momentum   1.1
Latest Price   $98.9600(1.95%)
Forecasted Low Price   98.76(-0.2%)
Forecasted High Price   99.75(0.8%)
Direction of Next Movement   Higher(0.8%)
% Change Needed to Confirm Correction   1.1% (97.84)
% Change Needed for Trend Reversal   2.1%
Hourly Trend 0.5% [$98.01(0.51), $97.84(0.46)]
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Complacency   4
Intraday Reversal Probability   N/A.
Daily Trend   IWN advances 0.5% a day on average for past five trading days.
Weekly Trend   IWN declines -0.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support IWN advance at 0.2% a week (95% probability)
IWM(97%)    IWC(94%)    IWD(91%)    SDY(91%)    IVE(90%)
Factors Impacting IWN price   IWN will advance at least -0% in a week (30% probabilities).
TLT(-40%)    VIXM(-35%)    UUP(-22%)    IGOV(-11%)    SHY(-9%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 0.5

Relative Volatility -1.2 (options are cheap)

Market Trend Strength   0.3% (StdDev 0.89%)
Hourly BBV 0 ()
Intraday Trend 0.9%

Next Hour Price   $98.96(0%)
Support Level   $97.55
5 Day Moving Average   $97.56(1.44%)
10 Day Moving Average   $97.26(1.75%)
20 Day Moving Average   $97.55(1.45%)
To recent high   -0.7%
To recent low   9.4%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. IWN price fluctuates within 1.01% (three month std-dev: 0.89% one year average std_dev: 0%) daily (68% of days).
$. IWN price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160723

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jun_23_2016	97.55 (0.2%)	97.26 (-0.2%)	97.56 (0.5%)	97.84	98.01(0%)	98.96(1.95%)	97.97-99	0.3(1.4)	0	0.5%	0.1%	0%	0%	-0.02%	-0.3%	58	1.1	Uptrend Reversal	Higher(0.6%)	4	0.5	0	N/A	98.66(-0.3%)	98.21-99.04	0.75	-0.7%-9.4%
2	Jun_22_2016	97.4 (0.2%)	97.23 (-0.2%)	97.07 (0.1%)	97.38	97.5(0%)	97.07(-0.5%)	97.03-98.12	-0(-0.3)	0	%	-0.2%	0%	0%	-0.06%	-0.2%	45	1.1	Downtrend Consolidation Downtrend Pop	Range(0%)	4	0.4	0	Correction	96.58(-0.5%)	96.48-97.02	1.73	-2.6%-7.3%
3	Jun_21_2016	97.33 (0.2%)	97.47 (-0.2%)	96.96 (0.2%)	97.02	97.67(0%)	97.56(0.03%)	96.93-97.86	0(0.2)	0	0.3%	-0%	0%	0%	-0.02%	0.1%	51	1.2	Uptrend Reversal	Range(0.3%)	4	0.5	0	Correction	97.5(-0.06%)	97.45-97.56	1.3	-2.1%-7.9%
4	Jun_20_2016	97.16 (0.2%)	97.58 (-0.2%)	96.76 (0.1%)	96.86	97.26(0%)	97.53(0.9%)	97.53-98.44	-0(0.3)	0	0.6%	-0%	0%	0%	-0.02%	0.4%	55	1.5	Uptrend Reversal	Higher(0.6%)	4	0.5	0	Correction	97.38(-0.15%)	97.26-97.53	0.98	-2.1%-7.8%
5	Jun_17_2016	97 (0.2%)	97.67 (-0%)	96.65 (-0.3%)	96.55	96.37(0%)	96.66(0.12%)	96.15-97.21	-0.1(-0.2)	0	-0.2%	-0%	0%	0%	-0.02%	0.7%	52	1.7	Correction	Range(-0.2%)	4	0.5	0	Correction	95.94(-0.75%)	95.78-96.59	2.48	-3%-6.9%

6	Jun_16_2016	96.82 (0.2%)	97.76 (-0%)	96.92 (-0.5%)	96.74	96.46(0%)	96.54(0.01%)	95.23-96.56	0.1(-0.2)	0	-0.4%	-0.1%	0%	0%	0.02%	1%	57	2	Downtrend Reversal	Lower(-0.5%)	5	0.4	0	Correction	95.99(-0.57%)	95.83-96.63	1.6	-3.1%-6.7%
7	Jun_15_2016	96.68 (0.2%)	97.91 (0%)	97.44 (-0.6%)	97.26	96.73(0%)	96.53(-0.01%)	96.53-97.46	0.4(-0.1)	0	-0.4%	-0%	0%	0%	0.1%	1.3%	56	2.1	Downtrend Reversal	Range(-0.4%)	6	0.4	0	Uptrend Consolidation	96.58(0.05%)	96.53-96.72	1.67	-3.1%-7.1%
8	Jun_14_2016	96.52 (0.2%)	98.03 (0.2%)	98.06 (-0.5%)	97.81	97.01(0%)	96.54(-0.47%)	96.07-97.21	0.7(0)	0	-0.7%	-0%	0%	0%	0.18%	1.6%	60	2.3	Downtrend Reversal	Lower(-0.5%)	7	0.4	0	Uptrend Consolidation	96.67(0.13%)	96.54-97.02	1.01	-3.1%-7.1%
9	Jun_13_2016	96.43 (0.2%)	98.09 (0.2%)	98.51 (-0.3%)	98.47	97.79(0%)	97(-1%)	96.82-98.15	1.1(0.3)	0	-0.6%	0%	0%	0%	0.26%	1.7%	71	2.3	Downtrend Reversal	Range(-0.1%)	8	0.4	0	Uptrend Consolidation	96.95(-0.05%)	96.68-97.78	1.28	-2.7%-7.7%
10	Jun_10_2016	96.26 (0.2%)	98.1 (0.4%)	98.8 (0.1%)	98.8	98.61(0%)	97.98(-1.16%)	97.71-98.69	1.4(0.8)	0	-0.2%	0.2%	0%	0%	0.34%	1.9%	75	2.4	Uptrend Correction	Higher(0.6%)	9	0.4	0	Uptrend	98.99(1.03%)	97.7-99.54	1.22	-1.7%-9.1%

11	Jun_9_2016	96.08 (0.2%)	97.91 (0.4%)	98.7 (0.3%)	98.78	99.15(0%)	99.13(-0.53%)	98.53-99.31	1.6(1.4)	0	0.3%	0.3%	0%	0%	0.38%	1.9%	87	2.4	Uptrend Dip	Higher(0.9%)	10	0.4	0	After Top	99.85(0.73%)	97.44-101.83	0.99	-0.5%-10.4%
12	Jun_8_2016	95.84 (0.2%)	97.61 (0.4%)	98.45 (0.4%)	98.37	98.99(0%)	99.66(0.89%)	98.76-99.78	1.8(1.8)	0	0.5%	0.4%	0%	0%	0.4%	1.8%	82	2.3	Growing Uptrend	Higher(0.9%)	10	0.5	0	Uptrend	100.73(1.07%)	98.96-101.49	1.12	0%-11%
13	Jun_7_2016	95.61 (0.2%)	97.19 (0.4%)	98.02 (0.4%)	97.93	98.41(0%)	98.78(0.34%)	98.38-99.16	1.8(1.7)	0	0.5%	0.4%	0%	0%	0.4%	1.6%	82	1.9	Growing Uptrend	Higher(0.9%)	10	0.4	0	Growing Uptrend	99.9(1.13%)	98.2-100.32	0.96	0%-10%
14	Jun_6_2016	95.38 (0.2%)	96.7 (0.4%)	97.64 (0.4%)	97.51	97.76(0%)	98.45(1%)	97.52-98.81	1.8(1.8)	0	0.3%	0.4%	0%	0%	0.36%	1.4%	67	1.8	Growing Uptrend	Higher(0.7%)	10	0.4	0	Uptrend	99.16(0.72%)	97.92-99.69	0.8	0%-9.7%
15	Jun_3_2016	95.17 (0.2%)	96.25 (0.4%)	97.3 (0.3%)	97.21	97.46(0%)	97.48(-0.43%)	96.66-97.76	1.9(1.5)	0	0.3%	0.4%	0%	0%	0.34%	1.1%	68	1.6	Growing Uptrend	Higher(0.9%)	9	0.4	0	Growing Uptrend	98.24(0.78%)	97.12-98.52	1.81	-0.4%-8.6%

16	Jun_2_2016	94.98 (0.2%)	95.78 (0.4%)	96.99 (0.4%)	96.95	97.25(0%)	97.9(0.42%)	96.95-97.93	1.9(2)	0	0.3%	0.4%	0%	0%	0.28%	0.8%	65	1.5	Growing Uptrend	Higher(0.7%)	8	0.4	0	Growing Uptrend	98.47(0.58%)	97.4-98.74	1.45	0%-9.8%
17	Jun_1_2016	94.78 (0%)	95.32 (0.4%)	96.62 (0.4%)	96.6	96.97(0%)	97.49(0.64%)	96.3-97.59	1.8(2.1)	0	0.3%	0.4%	0%	0%	0.24%	0.6%	61	1.4	Growing Uptrend	Higher(0.7%)	7	0.4	0	Breakout	97.77(0.29%)	97.01-98.1	1.57	0%-10.6%
18	May_31_2016	94.62 (0%)	94.87 (0.2%)	96.22 (0.7%)	96.33	96.65(0%)	96.87(0.1%)	96.53-97.39	1.7(1.9)	0	0.5%	0.2%	0%	0%	0.16%	0.3%	54	1.2	Growing Uptrend	Higher(0.7%)	6	0.3	0	Growing Uptrend	97.12(0.26%)	96.45-97.29	1.25	0%-8.6%
19	May_27_2016	94.56 (0%)	94.61 (0.2%)	95.6 (0.6%)	95.83	96.24(0%)	96.77(0.89%)	95.91-96.77	1.2(2.1)	0	0.4%	0.3%	0%	0%	0.1%	0.1%	58	1.1	Growing Uptrend	Higher(0.7%)	5	0.3	0	Breakout	96.85(0.08%)	96.39-97.04	1.24	0%-12%
20	May_26_2016	94.46 (-0%)	94.27 (0%)	95.04 (0.7%)	95.2	96.02(0%)	95.92(-0.16%)	95.79-96.42	0.7(1.5)	0	0.7%	0.1%	0%	0%	0.04%	-0.2%	55	1	N/A	Higher(0.9%)	4	0.3	0	Uptrend Reversal	96.25(0.34%)	95.97-96.42	1.91	-0.8%-11%

21	May_25_2016	94.44 (-0%)	94.08 (-0%)	94.37 (0.6%)	94.53	95.42(0%)	96.07(0.61%)	95.53-96.33	0.1(1.6)	0	0.9%	0.1%	0%	0%	-0.02%	-0.4%	59	1.1	N/A	Higher(1%)	3	0.3	0	Rebound	95.24(-0.86%)	96.07-94.9	2.61	-0.6%-11.3%
22	May_24_2016	94.45 (-0%)	93.91 (-0%)	93.82 (0.5%)	93.69	94.39(0%)	95.49(1.87%)	94.11-95.72	-0.6(1)	0	0.6%	0%	0%	0%	-0.08%	-0.6%	55	1.1	N/A	Higher(0.6%)	3	0.3	0	Rebound	94.94(-0.58%)	95.38-94.74	1.54	-1.2%-12%
23	May_23_2016	94.47 (-0.2%)	93.87 (-0.2%)	93.32 (-0.2%)	93.26	93.64(0%)	93.74(-0.24%)	93.52-94.23	-1.3(-0.7)	0	0.3%	-0.1%	0%	0%	-0.1%	-0.6%	46	1.1	Uptrend Reversal	Range(0.3%)	3	0.3	0	Downtrend	93.6(-0.15%)	93.48-93.87	1.44	-3.1%-10.7%
24	May_20_2016	94.53 (-0%)	93.94 (-0.2%)	93.49 (0.1%)	93.21	93(0%)	93.97(1.52%)	92.79-93.97	-1.3(-0.5)	0	%	-0.1%	0%	0%	-0.12%	-0.6%	40	1.1	Downtrend Consolidation	Range(-0.1%)	3	0.3	0	After Bottom	93.96(-0.01%)	93.66-94.2	1.95	-2.8%-11%
25	May_19_2016	94.61 (-0%)	93.99 (-0.2%)	93.39 (-0.4%)	93.41	92.89(0%)	92.56(-0.86%)	91.82-93.16	-1.6(-2)	0	-0.5%	-0.1%	0%	0%	-0.14%	-0.7%	39	1.1	Growing Downtrend	Range(-0.2%)	3	0.2	0	Downtrend	92.46(-0.11%)	92.25-92.94	1.37	-4.3%-9.5%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

Click to see actual return for next trading day.