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     Mon. Sep. 17, 2012

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 14, 2024)

(iShares Russell 2000)

IWM latest price $86.0000 (-0.46%) ($85.5700 - $86.2200) on Mon. Sep. 17, 2012.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.02% (three month average)
RSI   80
Latest Price   $86.0000(-0.46%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  IWM advances 0.5% a day on average for past five trading days.
Weekly Trend  IWM advances 2.5% 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 -0.51% in a week (0% probabilities).
  TLT(-23%)    SHY(-7%)    IGOV(-6%)    TIP(1%)    GLD(4%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.51% (StdDev 1.02%)
Hourly BBV   0 ()
Intraday Trend   0%
  
 

  


5 Day Moving Average  $85.31(0.81%)
10 Day Moving Average  $84.34(1.97%)
20 Day Moving Average  $82.8(3.86%)
To recent high  -0.5%
To recent low  12.9%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.7
One Month Target Price  > $86
(if BBV positive, VIX trend negative.)
Correction Price  < $81.61
 
 

$. 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 -2.7% away from the target price of 86.
$. IWM price fluctuates within 2.26% (three month std-dev: 1.02%) daily (68% of days).

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