Trading Signals: IWM Stock Price Prediction and Forecast

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Tue. Feb. 28, 2012

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

(iShares Russell 2000)
IWM latest price $82.2800 (-0.27%) ($81.8400 - $83.0600) on Tue. Feb. 28, 2012.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   48
Latest Price   $82.2800(-0.27%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Weekly Trend   IWM advances 0.1% 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(87%)    PEJ(83%)    XAR(78%)    XLY(78%)    QQQ(77%)
Factors Impacting IWM price   IWM will decline at least -0.695% in a week (0% probabilities).
TLT(-25%)    SHY(-7%)    IGOV(-4%)    TIP(0%)    GLD(5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.695% (StdDev 1.39%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $82.36(-0.1%)
10 Day Moving Average   $82.3(-0.02%)
20 Day Moving Average   $82.07(0.26%)
To recent high   -0.8%
To recent low   18.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.2
One Month Target Price   > $82.28
(if BBV positive, VIX trend negative.)
Correction Price   < $76.56

$. The price is -0.8% 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 -4.2% away from the target price of 82.28.
$. IWM price fluctuates within 1.15% (three month std-dev: 1.39%) daily (68% of days).

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