Trading Signals: IWM Stock Price Prediction and Forecast

^ IWM: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Aug. 3, 2016

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

(iShares Russell 2000)
IWM latest price $120.4500 (0.81%) ($119.1000 - $120.5000) on Wed. Aug. 3, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.12% (three month average)
RSI   58
Latest Price   $120.4500(0.81%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   IWM declines -0.1% a day on average for past five trading days.
Weekly Trend   IWM advances 0.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support IWM advance at 0% a week (0% probability)
IWN(97%)    IWO(97%)    IWC(95%)    IWD(89%)    IVE(87%)
Factors Impacting IWM price   IWM will decline at least -0.56% in a week (0% probabilities).
VIXM(-22%)    TLT(-20%)    UUP(-15%)    IPO(-6%)    IGOV(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.56% (StdDev 1.12%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $120.6(-0.12%)
10 Day Moving Average   $120.52(-0.06%)
20 Day Moving Average   $119.65(0.67%)
To recent high   -0.6%
To recent low   10.8%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.4
One Month Target Price   > $120.93
(if BBV positive, VIX trend negative.)
Correction Price   < $114.16

$. The price is -0.6% 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 0.4% away from the target price of 120.93.
$. IWM price fluctuates within 1.66% (three month std-dev: 1.12%) daily (68% of days).

getNextHourMoveProbability failed