Trading Signals: IWO Stock Price Prediction and Forecast

^ IWO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Apr. 25, 2024

Trading Signals: IWO Stock Price Prediction and Forecast (Mon. Aug. 17, 2015 - Thu. Apr. 25, 2024)

(Russell 2000 Growth Ishares ETF)
IWO latest price $249.8600 (-0.56%) ($246.4100 - $250.3300) on Thu. Apr. 25, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.35% (three month average)
RSI   31
Latest Price   $249.8600(-0.56%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   IWO advances 0.2% a day on average for past five trading days.
Weekly Trend   IWO declines -2.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support IWO advance at 0% a week (0% probability)
SPY(94%)    IWM(93%)    QQQ(87%)    XBI(87%)    IVW(86%)
Factors Impacting IWO price   IWO will decline at least -0.675% in a week (0% probabilities).
VXX(-72%)    VIXM(-62%)    GLD(-42%)    GDX(-41%)    GDXJ(-29%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.675% (StdDev 1.35%)
Hourly BBV -0.5 ()
Intraday Trend 0.8%

Resistance Level   $256.57
5 Day Moving Average   $249.34(0.21%)
10 Day Moving Average   $249.88(-0.01%)
20 Day Moving Average   $256.57(-2.62%)
To recent high   -7.7%
To recent low   2.2%
Market Cap   $N/A

$. IWO price fluctuates within 3.01% (three month std-dev: 1.35%) daily (68% of days).

Sample size 33 Average positive next day return: 1.61%(67%) Average negative next day return: -1.65%(33%) Sample size 33 Average positive next three day return: 2.78%(61%) Average negative next three day return: -3.02%(39%) Sample size 33 Average positive next weekly return: 3.49%(67%) Average negative next weekly return: -5.4%(33%)

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_25_2024	254.16	256.57	249.88	249.34	249.52	250.27	249.86(-0.56%)	DT	OpenShort	-75	0.1	-39	20	-15	-112	0.24	53%	0.08	-57.1	1.35%	-0.5	-0.9	31	-1
2	Apr_24_2024	253.96	257.58	250.87	248.76	248.74	251.23	251.27(-0.44%)	N/A	N/A	0	0.3	69	70	115	-69	0.28	53%	0.08	-54.5	1.35%	0.2	-0.8	35	-0.3
3	Apr_23_2024	253.75	258.3	251.55	248.11	247.85	248.77	252.37(1.79%)	N/A	N/A	0	0.5	48	20	95	-93	0.39	53%	0.07	-54.5	1.36%	1.4	-0.7	32	-0.5
4	Apr_22_2024	253.56	258.97	252.66	247.88	247.82	246.24	247.92(1.07%)	DP	OpenShort	-75	0	-76	-50	-49	-156	0.33	53%	0.07	-53	1.34%	0.6	-1.4	28	-1.1
5	Apr_19_2024	253.39	259.86	254.23	248.51	248.69	246.94	245.29(-0.67%)	DT	HoldShort	-65	-0.4	-160	-50	-148	-196	1.53	53%	0.08	-52.9	1.36%	-1.7	-1.9	19	-2.3

6	Apr_18_2024	253.19	261.05	256	250.52	250.73	249.41	246.94(-0.44%)	DT	HoldShort	-65	-0.5	-120	-30	-102	-173	0.36	53%	0.09	-47.1	1.36%	-1.9	-2	19	-1.6
7	Apr_17_2024	252.96	262.05	257.54	253.3	252.91	250.43	248.02(-1.28%)	DT	HoldShort	-65	-0.8	-138	-70	-126	-173	0.44	53%	0.1	-42.9	1.36%	-1.4	-2.2	20	-2
8	Apr_16_2024	252.71	262.8	259.29	255.47	255.35	252.05	251.24(0.08%)	DP	OpenShort	-75	-0.8	-184	-90	-185	-180	0.42	53%	0.11	-43.9	1.35%	-0.7	-2.1	33	-2.2
9	Apr_15_2024	252.44	263.35	260.57	258.18	257.4	255.38	251.04(-1.69%)	DT	OpenShort	-75	-1.5	-188	-60	-195	-165	0.54	53%	0.11	-39.7	1.35%	-1.8	-2.6	33	-3
10	Apr_12_2024	252.17	264.01	262.38	260.78	260.06	258.66	255.36(-2.1%)	DT	OpenShort	-75	-1.4	-79	-50	-75	-89	0.56	55%	0.01	-38	1.35%	-2.1	-2.3	38	-2.8

11	Apr_11_2024	252.14	264.44	263.92	262.26	261.83	259.41	260.85(0.77%)	DP	OpenShort	-75	-0.4	-88	-70	-91	-79	0.47	58%	0.15	-41.3	1.32%	0.1	-1.1	39	1
12	Apr_10_2024	251.75	264.78	264.89	262.42	262.36	261.47	258.86(-2.23%)	DT	OpenShort	-75	-1.1	-134	-20	-148	-93	0.91	58%	0.15	-40.3	1.32%	-1.4	-1.9	42	-0.4
13	Apr_9_2024	251.37	265.18	265.64	263.67	263.92	264.25	264.77(0.26%)	UT	OpenLong	75	0.4	33	10	44	1	0.49	62%	0.17	-28.7	1.29%	0.6	-0.1	57	-0.3
14	Apr_8_2024	250.95	265.23	265.75	263.39	263.76	263.25	264.08(0.51%)	DP	OpenShort	-75	0.2	-17	-10	-17	-18	0.65	64%	0.17	-36.1	1.29%	-0.1	-0.4	58	-0.3
15	Apr_5_2024	250.53	265.44	265.87	264.31	263.67	263.58	262.74(0.41%)	DP	OpenShort	-75	-0.5	-66	-10	-78	-30	0.48	64%	0.18	-26.1	1.32%	-1	-0.9	52	-1.1

16	Apr_4_2024	250.09	265.76	266.44	265.93	265.55	264.28	261.67(-1.29%)	N/A	N/A	0	-1.4	-18	-40	-28	14	0.24	64%	0.16	-2.7	1.33%	-1.5	-1.4	50	-0.4
17	Apr_3_2024	249.69	266.04	266.9	267.75	267.21	263.76	265.08(0.65%)	DP	OpenShort	-75	-0.9	-117	-100	-149	-19	0.46	60%	0.17	21.7	1.31%	-0.2	-0.3	46	0.4
18	Apr_2_2024	249.26	266.01	266.6	267.86	268.56	266.83	263.38(-1.98%)	DT	OpenShort	-75	-1.6	-128	-40	-160	-31	0.45	60%	0.21	21.5	1.37%	-1.3	-0.9	46	0.3
19	Apr_1_2024	248.73	266.28	266.42	268.33	269.35	270.66	268.7(-0.78%)	UD	OpenLong	75	0.1	40	50	38	46	0.57	63%	0.4	40.2	1.35%	-0.8	0.8	55	0.7
20	Mar_28_2024	247.74	266.21	265.81	267.6	268.45	270.28	270.8(0.01%)	UT	OpenLong	75	1.2	99	60	112	60	0.45	60%	0.24	50	1.36%	1	1.7	52	1.1

21	Mar_27_2024	247.14	265.85	264.97	267.08	267.22	268.04	270.77(1.94%)	UT	OpenLong	75	1.4	55	20	64	27	0.32	60%	0.24	59	1.36%	2.1	1.8	50	1.6
22	Mar_26_2024	246.56	265.44	264.56	266.05	266.97	266.61	265.63(-0.04%)	UD	OpenLong	75	-0.2	28	0	35	6	0.26	59%	0.21	71.4	1.34%	-0	0.1	47	1.4
23	Mar_25_2024	246.04	265.4	264.61	265.18	266	266.4	265.74(0.25%)	N/A	N/A	0	0.2	2	20	6	-10	0.36	59%	0.2	72.7	1.35%	-0.8	0.1	53	1.8
24	Mar_22_2024	245.54	265.15	264.59	264.16	264.42	267.34	265.08(-1.16%)	UD	OpenLong	75	0.3	71	80	91	9	0.37	59%	0.23	55.2	1.36%	-0.1	-0	44	1.8
25	Mar_21_2024	244.98	264.82	264.88	263.66	263.32	265.59	268.18(0.97%)	UT	OpenLong	75	1.3	154	60	190	46	0.63	60%		38.2	1.36%	1.3	1	50	1.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD