Trading Signals: IDRV Stock Price Prediction and Forecast

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

Mon. Aug. 17, 2020

Trading Signals: IDRV Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Wed. Jan. 20, 2021)

(iShares Self-Driving EV and Tech ETF)
IDRV latest price $32.6200 (1.75%) ($32.3500 - $32.6600) on Mon. Aug. 17, 2020.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Growing Uptrend
Average Daily Price Swing   $0.82 (2.65% one month average)
Average Daily Percentage Swing   1.67% (three month average)
Weekly Trend Force   0.6% (StdDev 1.67%)
Daily Moving Force   0.5%
Correction Force   Weak (0%)
Trend   0.54%
Latest Price   $32.6200(1.75%)
Forecasted Low Price   32.49(-0.4%)
Forecasted High Price   33.11(1.5%)
Direction of Next Movement   Higher(1.3%)
% Change Needed to Confirm Correction   1.1% (32.25)
% Change Needed for Trend Reversal   3.8%
Hourly Trend 0.4% [$32.28(0.12), $32.25(0.2)]
Stocks Behave Similarly   Similar Stock List
Complacency   10
Intraday Reversal Probability   N/A.
Daily Trend   IDRV advances 0.8% a day on average for past five trading days.
Weekly Trend   IDRV advances 3.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support IDRV advance at 0.1% a week (90% probability)
VT(90%)    SNSR(89%)    FIVG(86%)    SPY(86%)    BOTZ(84%)
Factors Impacting IDRV price   IDRV will advance at least 0.1% in a week (55% probabilities).
VXX(-68%)    VIXM(-65%)    UUP(-50%)    TLT(-39%)    SHY(-29%)
Explanation The rally is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -0.1

Relative Volatility 0.5 (options are expensive)

Market Trend Strength   0.8% (StdDev 1.67%)
Hourly BBV 0 ()
Intraday Trend 0.8%

Next Hour Price   $32.62(0%)
Support Level   $30.98
5 Day Moving Average   $32.14(1.49%)
10 Day Moving Average   $31.67(3%)
20 Day Moving Average   $30.98(5.29%)
To recent high   0%
To recent low   31.6%
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

$. IDRV price fluctuates within 2.65% (three month std-dev: 1.67% one year average std_dev: 0%) daily (68% of days).
$. IDRV price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200917

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 Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Aug_17_2020	30.98 (0.4%)	31.67 (0.6%)	32.14 (0.8%)	32.25	32.28(0%)	32.62(1.75%)	32.35-32.66	1.8(2)	0	0.5%	0.6%	0%	0.54%	Growing Uptrend	Higher(1.1%)	10	75	1.6	-0.1	1.8	Growing Uptrend	33.01(1.19%)	32.32-33.18	0.05	0%-31.6%
2	Aug_14_2020	30.87 (0.4%)	31.46 (0.6%)	31.88 (0.6%)	32.05	32.16(0%)	32.06(-0.28%)	31.97-32.12	1.4(1.6)	0	0.2%	0.6%	0%	0.48%	Growing Uptrend	Higher(0.9%)	9	69	1.4	-0.5	1.8	Growing Uptrend	32.39(1.02%)	31.85-32.52	0.03	-0.8%-35.7%
3	Aug_13_2020	30.77 (0.4%)	31.23 (0.6%)	31.69 (0.5%)	31.86	32.22(0%)	32.15(-0.53%)	32.09-32.43	1.8(2)	0	0.8%	0.5%	0%	0.44%	Growing Uptrend	Higher(1.6%)	8	75	1.4	-0.4	1.7	Uptrend	32.36(0.64%)	31.89-32.55	0.07	-0.5%-36.8%
4	Aug_12_2020	30.66 (0.4%)	31.05 (0.4%)	31.53 (0.8%)	31.58	31.94(0%)	32.32(2.44%)	31.95-32.43	2.3(2.6)	0	1.1%	0.6%	-1.2%	0.42%	Overbought	Lower(-1.8%)	7	68	1.2	-0.3	1.5	Breakout	32.48(0.51%)	32.02-32.69	0.04	0%-37.5%
5	Aug_11_2020	30.54 (0.4%)	30.85 (0.4%)	31.28 (0.5%)	31.35	31.5(0%)	31.55(0.77%)	31.5-32.02	1.7(1.9)	0	0.7%	0.4%	0%	0.36%	Growing Uptrend	Higher(1.1%)	7	58	1	-0.6	1.3	Growing Uptrend	31.71(0.51%)	31.37-31.8	0.07	0%-34.2%

6	Aug_10_2020	30.45 (0.4%)	30.71 (0.4%)	31.12 (0.5%)	31.19	31.23(0%)	31.31(0.55%)	31.14-31.38	1.5(1.6)	0	0.3%	0.3%	0%	0.32%	Growing Uptrend	Range(0.6%)	7	59	1	-1.1	1.6	Growing Uptrend	31.45(0.45%)	31.15-31.53	0.03	-0.1%-33.2%
7	Aug_7_2020	30.35 (0.2%)	30.61 (0.2%)	30.97 (0.9%)	31.05	31.21(0%)	31.14(-0.64%)	30.95-31.3	1.3(1.5)	0	0.5%	0.4%	0%	0.26%	Growing Uptrend	Higher(1.2%)	6	55	1	-1.1	1.6	Growing Uptrend	31.26(0.39%)	31.01-31.33	0.02	-0.6%-32.5%
8	Aug_6_2020	30.27 (0.2%)	30.47 (0.2%)	30.69 (0.7%)	30.84	31.16(0%)	31.34(0.87%)	31.04-31.39	1.8(2)	0	0.9%	0.4%	0%	0.16%	Growing Uptrend	Higher(1.3%)	5	61	1	-0.9	1.6	Growing Uptrend	31.41(0.23%)	31.14-31.48	0.01	0%-33.3%
9	Aug_5_2020	30.16 (0.2%)	30.35 (0%)	30.48 (0.4%)	30.52	30.89(0%)	31.07(1.04%)	30.98-31.16	1.6(1.8)	0	0.9%	0.2%	0%	0.12%	Growing Uptrend	Higher(1.1%)	5	61	1	-0.9	1.6	Uptrend	31.09(0.07%)	30.9-31.18	0.02	0%-32.2%
10	Aug_4_2020	30.06 (0.2%)	30.28 (0%)	30.36 (0.4%)	30.3	30.53(0%)	30.75(0.69%)	30.59-30.81	1.2(1.4)	0	0.8%	0.2%	0%	0.12%	Growing Uptrend	Higher(1%)	5	56	1	-1.1	1.5	Uptrend	30.79(0.12%)	30.63-30.85	0.05	0%-32.4%

11	Aug_3_2020	29.98 (0.4%)	30.24 (0%)	30.25 (0.1%)	30.3	30.14(0%)	30.54(2.72%)	30.14-30.59	1.1(1.1)	0	0.2%	0.1%	0%	0.12%	Growing Uptrend	Range(0.3%)	5	58	1	-1.2	1.6	Uptrend	30.58(0.12%)	30.43-30.64	0.05	-0.1%-31.5%
12	Jul_31_2020	29.92 (0.4%)	30.23 (0.2%)	30.21 (0%)	30.21	30.06(0%)	29.73(-1.98%)	29.5-30.24	-0.3(-0.4)	0	-0.4%	-0.1%	0%	0.18%	Downtrend Reversal	Range(0.5%)	6	58	1	-1.6	1.7	Uptrend	29.83(0.32%)	29.75-29.85	0.09	-2.7%-28.6%
13	Jul_30_2020	29.86 (0.4%)	30.28 (0.2%)	30.2 (0.1%)	30.28	30.27(0%)	30.33(-0.33%)	29.85-30.34	0.7(0.8)	0	%	0.2%	0%	0.22%	Uptrend Consolidation	Range(0.4%)	7	60	1.1	-0.8	1.7	Uptrend	30.43(0.33%)	30.24-30.51	0.02	-0.8%-31.2%
14	Jul_29_2020	29.74 (0.4%)	30.25 (0.2%)	30.17 (-0.1%)	30.17	30.35(0%)	30.43(0.73%)	30.2-30.47	0.9(1)	0	0.1%	0.2%	0%	0.26%	Growing Uptrend	Range(0.3%)	8	65	1.3	-0.8	1.9	Uptrend	30.55(0.38%)	30.3-30.65	0.03	-0.5%-31.6%
15	Jul_28_2020	29.63 (0.4%)	30.22 (0.2%)	30.2 (-0.1%)	30.19	30.28(0%)	30.21(-0.53%)	30.21-30.5	0.7(0.7)	0	0.4%	0.2%	0%	0.32%	Growing Uptrend	Range(0.9%)	8	64	1.4	-0.6	1.8	Uptrend	30.37(0.53%)	30.09-30.49	0.04	-1.2%-30.7%

16	Jul_27_2020	29.51 (0.4%)	30.18 (0.4%)	30.23 (-0.1%)	30.24	29.98(0%)	30.37(2.32%)	30-30.4	0.8(1)	0	-0.3%	0.4%	0%	0.36%	Correction	Range(0.1%)	8	65	1.6	-0.7	1.8	Uptrend	30.55(0.6%)	30.23-30.69	0.07	-0.7%-31.4%
17	Jul_24_2020	29.36 (0.4%)	30.08 (0.4%)	30.27 (-0.3%)	30.34	30.1(0%)	29.68(-1.66%)	29.5-29.92	0.3(0.3)	0	-0.8%	0.1%	0%	0.36%	Correction	Range(0.1%)	9	57	1.7	-0.9	1.5	Uptrend	29.93(0.85%)	29.61-30.07	0.02	-2.9%-29.4%
18	Jul_23_2020	29.27 (0.4%)	30.07 (0.4%)	30.36 (0.1%)	30.48	30.49(0%)	30.18(-1.28%)	30.05-30.79	0.8(0.9)	0	-0.1%	0.4%	0%	0.46%	Uptrend Consolidation	Range(0.9%)	10	73	1.9	-0.7	1.4	Uptrend	30.5(1.07%)	30.02-30.71	0.01	-1.3%-33.3%
19	Jul_22_2020	29.14 (0.4%)	29.98 (0.6%)	30.32 (0.3%)	30.41	30.58(0%)	30.57(0.69%)	30.43-30.64	1.2(1.3)	0	0.4%	0.5%	0%	0.5%	Growing Uptrend	Range(0.9%)	9	82	1.9	-0.6	1.7	Uptrend	30.92(1.15%)	30.32-31.18	0.01	0%-35%
20	Jul_21_2020	29.01 (0.4%)	29.83 (0.6%)	30.24 (0.4%)	30.25	30.48(0%)	30.36(-0.65%)	30.36-30.9	1.2(1.3)	0	0.6%	0.4%	0%	0.54%	Growing Uptrend	Higher(1.3%)	9	78	1.9	-0.7	1.7	After Top	30.56(0.67%)	29.64-31.32	0.02	-0.7%-37.1%

21	Jul_20_2020	28.89 (0.4%)	29.71 (0.6%)	30.12 (0.9%)	30.13	30.23(0%)	30.56(1.36%)	30.01-30.56	1.5(1.7)	0	0.7%	0.5%	0%	0.58%	Growing Uptrend	Higher(1.2%)	9	83	1.8	-0.4	2.1	Uptrend	30.94(1.25%)	30.25-31.24	0.02	0%-38%
22	Jul_17_2020	28.74 (0.4%)	29.57 (0.6%)	29.86 (0.4%)	29.93	30.02(0%)	30.15(0.63%)	30-30.22	1.4(1.5)	0	0.2%	0.5%	0%	0.6%	Growing Uptrend	Range(0.7%)	9	83	1.7	-0.4	2	The Top	30.27(0.4%)	29.35-31.03	0.05	0%-36.2%
23	Jul_16_2020	28.62 (0.4%)	29.4 (0.8%)	29.74 (0.6%)	29.83	30.03(0%)	29.96(-0.63%)	29.72-30	1.3(1.5)	0	0.6%	0.6%	0%	0.62%	Growing Uptrend	Higher(1.5%)	9	73	1.6	-0.5	1.8	Uptrend	30.31(1.18%)	29.73-30.57	0.01	-0.6%-35.3%
24	Jul_15_2020	28.51 (0.4%)	29.2 (0.6%)	29.57 (0.7%)	29.67	29.84(0%)	30.15(1.24%)	29.95-30.28	1.7(2)	0	0.8%	0.6%	0%	0.58%	Growing Uptrend	Higher(1.4%)	9	77	1.5	-0.4	1.8	Growing Uptrend	30.52(1.22%)	29.86-30.68	0.01	0%-36.2%
25	Jul_14_2020	28.38 (0.2%)	28.98 (0.6%)	29.36 (0.4%)	29.41	29.62(0%)	29.78(1.74%)	29.11-29.78	1.6(1.8)	0	0.4%	0.6%	0%	0.52%	Growing Uptrend	Range(1%)	9	65	1.3	-0.5	1.3	Uptrend	29.98(0.68%)	29.52-30.18	0.02	0%-34.5%
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 Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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