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     Fri. Nov. 26, 2010

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. Jun. 18, 2024)

(iShares Russell 2000)

IWM latest price $73.3900 (-0.46%) ($73.1300 - $73.7300) on Fri. Nov. 26, 2010.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.32% (three month average)
RSI   47
Latest Price   $73.3900(-0.46%)
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 declines -0.2% a week on average for past two weeks.
Market Behavior  Normal for large cap. Normal for small cap.
Correlated ETFs  Broad market will support IWM advance at 0% a week (0% probability)
  SPY(88%)    PEJ(84%)    XLY(80%)    QQQ(79%)    EWG(75%)  
Factors Impacting IWM price  IWM will decline at least -0.66% in a week (0% probabilities).
  TLT(-30%)    SHY(-9%)    TIP(-5%)    IGOV(2%)    GLD(4%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.66% (StdDev 1.32%)
Hourly BBV   0 ()
Intraday Trend   0.2%
  
 

  


5 Day Moving Average  $72.9(0.67%)
10 Day Moving Average  $72.26(1.56%)
20 Day Moving Average  $72.3(1.51%)
To recent high  -0.5%
To recent low  22.2%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  0.9
One Month Target Price  > $73.39
(if BBV positive, VIX trend negative.)
Correction Price  < $68.55
 
 

$. The price is -0.5% 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 -9% away from the target price of 73.39.
$. IWM price fluctuates within 1.65% (three month std-dev: 1.32%) daily (68% of days).

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