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     Tue. May. 21, 2013

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. May. 31, 2024)

(iShares Russell 2000)

IWM latest price $99.2300 (0.02%) ($98.8800 - $99.5500) on Tue. May. 21, 2013.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.02% (three month average)
RSI   93
Latest Price   $99.2300(0.02%)
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 advances 2.3% 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(79%)    XLY(78%)    QQQ(76%)  
Factors Impacting IWM price  IWM will decline at least -0.51% in a week (0% probabilities).
  TLT(-22%)    SHY(-7%)    IGOV(-7%)    TIP(2%)    GLD(2%)  
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  $98.73(0.51%)
10 Day Moving Average  $97.84(1.42%)
20 Day Moving Average  $95.94(3.43%)
To recent high  0%
To recent low  11.5%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.4
One Month Target Price  > $99.23
(if BBV positive, VIX trend negative.)
Correction Price  < $94.17
 
 

$. The price is 0% 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 -1.3% away from the target price of 99.23.
$. IWM price fluctuates within 2.47% (three month std-dev: 1.02%) daily (68% of days).

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