| IWF latest price $228.9500 (0.47%) ($227.8140 - $229.3800) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | N/A |
Average Daily Price Swing | $6.3 (2.81% one month average) |
Average Daily Percentage Swing | 1.66% (three month average) |
Weekly Trend Force | 0.2% (StdDev 1.66%) |
Daily Moving Force | 0.5% |
Correction Force | Weak (0%) |
Trend | 0.08% |
Latest Price | $228.9500(0.47%) |
Forecasted Low Price | 228.03(-0.4%) |
Forecasted High Price | 231.47(1.1%) |
Direction of Next Movement | Range(0.7%) |
% Change Needed to Confirm Correction | 2.3% (223.85) |
% Change Needed for Trend Reversal | 1.8% |
Hourly Trend | 0.6% [$227.74(1.4), $226.87(0.7)] |
Complacency | 6 |
Intraday Reversal Probability | N/A. |
Daily Trend | IWF advances 0.3% a day on average for past five trading days. |
Weekly Trend | IWF advances 0.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support IWF advance at 0.2% a week (99% probability) QQQ(99%) IVW(98%) XLK(98%) SPY(88%) XLC(87%) |
Factors Impacting IWF price | IWF will advance at least 0.1% in a week (41% probabilities). VXX(-55%) VIXM(-41%) UUP(-32%) SHY(-10%) TBT(-6%) |
Trading Plan | Not Available |
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Valuation to SPY | -0.8 |
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Relative Volatility | 1.2 (options are expensive) |
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Market Trend Strength | 0.5% (StdDev 1.66%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
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