Trading Signals: IWM Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: IWM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Apr. 26, 2024)

(iShares Russell 2000)
IWM latest price $201.4800 (0.93%) ($200.1900 - $202.8100) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.48% (three month average)
RSI   72
Latest Price   $201.4800(0.93%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   IWM advances 0.4% a day on average for past five trading days.
Weekly Trend   IWM advances 3.6% 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)
REMX(99%)    IWN(98%)    IWO(98%)    XRT(98%)    ARKK(97%)
Factors Impacting IWM price   IWM will decline at least -0.74% in a week (0% probabilities).
VXX(-56%)    VIXM(-50%)    TBT(-34%)    UUP(-31%)    BNDX(8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.74% (StdDev 1.48%)
Hourly BBV 0.8 ()
Intraday Trend 0.3%

5 Day Moving Average   $199.08(1.21%)
10 Day Moving Average   $196.13(2.73%)
20 Day Moving Average   $189.8(6.15%)
To recent high   0%
To recent low   24.2%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.5
One Month Target Price   > $201.48
(if BBV positive, VIX trend negative.)
Correction Price   < $186.57

$. 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 -9.4% away from the target price of 201.48.
$. IWM price fluctuates within 4.15% (three month std-dev: 1.48%) daily (68% of days).

Sample size 50 Average positive next day return: 1.02%(58%) Average negative next day return: -1.25%(42%) Sample size 50 Average positive next three day return: 1.82%(54%) Average negative next three day return: -2.28%(46%) Sample size 50 Average positive next weekly return: 2.26%(56%) Average negative next weekly return: -3.22%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	180.47	189.8	196.13	199.08	199.63	200.11	201.48(0.93%)	UT	OpenLong	75	0.3	97	30	71	174	39.15	59%	0.04	68.9	1.48%	0.8	1.5	72	1.4
2	Dec_21_2023	180.4	188.68	194.68	198.2	198.71	198.76	199.62(1.7%)	UT	HoldLong	50	0.2	30	10	-7	139	38.5	58%	0.03	71.5	1.48%	-0.7	1.5	73	0.6
3	Dec_20_2023	180.35	187.59	193.29	198.01	198.46	199.15	196.28(-2.31%)	UD	OpenLong	75	-0.2	60	30	24	166	62.1	55%	-0.01	72.8	1.48%	-1	1.2	76	0.3
4	Dec_19_2023	180.37	186.63	192.11	197.42	198.31	198.66	200.93(1.94%)	UT	HoldLong	65	0.5	128	30	101	207	52.07	58%	0.02	70.4	1.45%	1.7	1.9	85	0.7
5	Dec_18_2023	180.34	185.5	190.42	194.64	195.88	197.76	197.11(0.04%)	UT	HoldLong	65	0.4	92	90	64	176	44.03	56%	0	73.3	1.44%	-0.6	1.7	84	0.8

6	Dec_15_2023	180.34	184.52	189.35	192.65	193.15	197.97	197.04(-0.84%)	UD	OpenLong	75	0.7	215	180	210	229	73.85	55%	0.02	77.2	1.44%	0.5	2	81	0.8
7	Dec_14_2023	180.3	183.43	188.08	190.61	190.39	194	198.71(2.78%)	UT	HoldLong	65	1.4	270	130	278	245	83.23	56%	0.01	81.5	1.44%	1.4	2.7	83	1.6
8	Dec_13_2023	180.28	182.37	186.13	187.94	187.41	188.34	193.33(3.39%)	UT	HoldLong	65	1.2	110	30	97	148	69.24	54%	-0.01	96	1.41%	3.7	2.4	81	1.4
9	Dec_12_2023	180.3	181.58	184.67	186.09	186.09	186.78	187(-0.1%)	UD	OpenLong	75	0.2	43	30	22	104	31.97	50%	-0.04	109.5	1.36%	1.6	1.4	77	1.6
10	Dec_11_2023	180.38	180.72	183.81	185.57	185.75	186.49	187.19(0.21%)	UT	OpenLong	75	0.4	64	30	50	107	29.19	50%	-0.04	89	1.36%	1.1	1.5	68	1.4

11	Dec_8_2023	180.45	179.83	182.97	185.51	185.32	185.4	186.8(0.76%)	UT	OpenLong	75	0.3	40	-0	21	98	36.02	50%	-0.04	77.4	1.36%	1.4	1.5	69	1.2
12	Dec_7_2023	180.53	178.88	182.21	185.13	185.17	185.01	185.39(0.72%)	UT	OpenLong	75	0.1	38	-10	16	102	32.63	49%	-0.07	67.9	1.35%	-0	1.3	72	1
13	Dec_6_2023	180.65	178.11	181.48	183.99	184.47	185.24	184.06(-0.18%)	UD	OpenLong	75	0	51	40	36	94	43.52	49%	-0.07	65.2	1.35%	-1.5	1.1	60	1.2
14	Dec_5_2023	180.77	177.49	180.79	182.97	183.07	185.33	184.39(-1.35%)	UD	OpenLong	75	0.3	100	90	99	104	36.77	47%	-0.05	67.1	1.36%	-0.2	1.3	62	1.3
15	Dec_4_2023	180.86	176.87	180.25	181.7	181.73	183.7	186.92(1.08%)	UT	HoldLong	65	1	153	80	159	134	40.35	47%	-0.03	71.3	1.37%	1.3	2	79	1.4

16	Dec_1_2023	180.91	176.2	179.32	180.06	179.91	180.82	184.91(2.92%)	UT	HoldLong	65	1.1	74	30	67	96	64.15	48%	-0.05	83.5	1.37%	2	1.9	78	1.3
17	Nov_30_2023	181	175.42	178.38	178.95	179.04	179.76	179.66(0.38%)	UT	HoldLong	65	0.2	51	30	37	93	32.1	45%	-0.07	89.5	1.32%	0.2	1	76	1.4
18	Nov_29_2023	181.12	174.74	178.27	178.64	178.78	179.01	178.98(0.53%)	UT	OpenLong	75	0.1	57	10	38	112	31.52	47%	-0.06	83.1	1.32%	0.2	0.9	67	1.3
19	Nov_28_2023	181.23	174.04	178.21	178.25	178.41	178.32	178.04(-0.39%)	UD	OpenLong	65	-0	21	-0	-8	106	28.32	47%	-0.06	73.1	1.33%	-0.8	0.8	62	1.5
20	Nov_27_2023	181.33	173.33	177.41	178.51	178.26	178.55	178.73(-0.33%)	UD	OpenLong	75	0	27	10	0	107	30.63	47%	-0.03	68.2	1.34%	0.8	1	61	1.3

21	Nov_24_2023	181.39	172.53	176.52	178.42	178.37	178.5	179.33(0.67%)	UT	OpenLong	75	0.2	50	0	30	108	13.85	46%	-0.04	61	1.34%	0	1.2	57	1.4
22	Nov_22_2023	181.47	171.77	175.36	177.73	178.18	177.97	178.13(0.63%)	UT	HoldLong	50	0.1	17	-0	-4	81	28.93	47%	-0.02	53.6	1.34%	-0.1	1.1	63	1.2
23	Nov_21_2023	181.5	171.05	174.55	177.86	177.84	178.24	177.02(-1.29%)	UD	OpenLong	65	-0.1	10	20	-17	90	30.42	47%	-0.06	49.8	1.34%	-1.4	1.1	67	1.3
24	Nov_20_2023	181.61	170.51	174.01	178.15	178.24	178.38	179.33(0.58%)	UT	OpenLong	75	0.2	88	10	67	149	26.65	47%	-0.04	45.5	1.33%	1.1	1.6	72	1.4
25	Nov_17_2023	181.69	169.77	173.26	176.11	177.63	177.44	178.29(1.37%)	UT	OpenLong	75	0.4	66	20	43	134	43.4	46%		30.8	1.33%	0.2	1.6	72	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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