Trading Signals: IWN Stock Price Prediction and Forecast

^ IWN: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Wed. Nov. 25, 2020

Trading Signals: IWN Stock Price Prediction and Forecast (Mon. Aug. 17, 2015 - Tue. Jan. 26, 2021)

(iShares Russell 2000 Value ETF)
IWN latest price $126.8100 (-0.86%) ($125.4770 - $127.4000) on Wed. Nov. 25, 2020.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $8.02 (6.9% one month average)
Average Daily Percentage Swing   1.96% (three month average)
Weekly Trend Force   0.9% (StdDev 1.96%)
Daily Moving Force   1.3%
Correction Force   Weak (0%)
Trend   0.86%
Trend Strength   5.1%
RSI   76
Momentum   3.5
Latest Price   $126.8100(-0.86%)
Forecasted Low Price   126.18(-0.5%)
Forecasted High Price   130.74(3.1%)
Direction of Next Movement   Higher(3.2%)
% Change Needed to Confirm Correction   4.9% (120.83)
% Change Needed for Trend Reversal   4.9%
Hourly Trend 1.4% [$126.89(1.77), $124.45(1.51)]
Stocks Behave Similarly   Similar Stock List
Complacency   6
Intraday Reversal Probability   There's a high probability the price will reverse sharply to downside intraday or next day..
Daily Trend   IWN advances 1% a day on average for past five trading days.
Weekly Trend   IWN advances 4.4% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support IWN advance at 0.4% a week (94% probability)
IWM(94%)    SDY(94%)    IWD(92%)    VYM(91%)    IVE(90%)
Factors Impacting IWN price   IWN will advance at least 0.2% in a week (45% probabilities).
TLT(-48%)    VIXM(-47%)    SHY(-45%)    VXX(-43%)    BND(-39%)
Explanation The rally is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.7

Relative Volatility 1.8 (options are extremely expensive)

Market Trend Strength   1.5% (StdDev 1.96%)
Hourly BBV 1.9 ()
Intraday Trend -0.5%

Next Day Open Price   $126.63(-0.14%)
Support Level   $116.18
5 Day Moving Average   $124.2(2.1%)
10 Day Moving Average   $122.07(3.88%)
20 Day Moving Average   $116.18(9.15%)
To recent high   -0.9%
To recent low   32.8%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. IWN price fluctuates within 6.9% (three month std-dev: 1.96% one year average std_dev: 0%) daily (68% of days).
$. IWN price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201225

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_25_2020	116.18 (0.8%)	122.07 (0.8%)	124.2 (1%)	124.45	126.89(0%)	126.81(-0.86%)	125.48-127.4	1.2(1.3)	1.9	1.3%	0.9%	0%	0.86%	5.1%	76	3.5	Growing Uptrend	Higher(2.6%)	6	1.7	1.4	Uptrend	131.73(3.88%)	124.84-134.69	1.24	-0.9%-32.8%
2	Nov_24_2020	114.95 (0.8%)	121.09 (1%)	122.98 (0.9%)	122.94	125.12(0%)	127.91(3.19%)	125.66-128.62	1.5(1.7)	1.8	1.8%	0.9%	0%	0.88%	5.3%	80	3.5	Growing Uptrend	Higher(2.7%)	6	2	1.5	Uptrend	132.91(3.91%)	125.3-136.17	3.22	0%-34%
3	Nov_23_2020	113.81 (0.6%)	120.1 (1%)	121.86 (0.3%)	121.59	122.01(0%)	123.96(2.45%)	122.01-124.68	1.3(1.4)	1.5	0.7%	0.7%	0%	0.94%	5.5%	72	3.3	Growing Uptrend	Higher(1.4%)	6	1.9	1.3	Uptrend	128.63(3.77%)	121.98-131.48	1.64	0%-29.8%
4	Nov_20_2020	112.96 (0.6%)	119.25 (1.2%)	121.46 (0.5%)	121.13	120.75(0%)	120.99(-0.29%)	120.11-121.2	1(1.2)	0.3	-0.1%	0.9%	0%	1.04%	5.6%	73	3.2	Uptrend	Range(0.9%)	6	1.7	1.4	Uptrend	125.96(4.11%)	119.52-128.72	2.08	-1.1%-26.7%
5	Nov_19_2020	112.39 (0.6%)	118.04 (1.2%)	120.85 (1.1%)	121.25	121.17(0%)	121.34(0.52%)	119.47-121.52	1.2(1.4)	1.1	0.3%	0.8%	0%	1.08%	5%	76	3.1	Growing Uptrend	Higher(1.1%)	7	1.8	1.7	Uptrend	126.61(4.34%)	119.73-129.56	1.95	-0.8%-27.1%

6	Nov_18_2020	111.76 (0.6%)	116.9 (1.2%)	119.53 (0.6%)	120.32	121.5(0%)	120.71(-1.28%)	119.28-123.64	1.2(1.4)	2	0.6%	1%	0%	1.08%	4.6%	74	2.9	Growing Uptrend	Higher(2.2%)	8	1.9	1.9	Relative Overbought	124.84(3.42%)	116.09-132.01	2.98	-1.3%-26.4%
7	Nov_17_2020	111.05 (0.6%)	115.49 (1.4%)	118.82 (0.6%)	118.71	121.33(0%)	122.28(0.25%)	119.5-122.73	1.7(1.9)	1.8	1.2%	1.1%	0%	1.1%	4%	78	2.8	Growing Uptrend	Higher(2.3%)	8	2.2	1.8	Uptrend	126.73(3.64%)	120.13-129.56	1.77	0%-28.1%
8	Nov_16_2020	110.27 (0.6%)	114.08 (1.4%)	118.09 (1.1%)	117.88	119.14(0%)	121.97(3.4%)	120.01-122.03	1.9(2.1)	1.6	1.7%	1.2%	0%	1.1%	3.5%	69	2.6	Growing Uptrend	Higher(2.9%)	8	2.2	1.9	Growing Uptrend	127.07(4.18%)	119.71-128.9	2.14	0%-27.7%
9	Nov_13_2020	109.47 (0.4%)	112.42 (1.2%)	116.8 (1.7%)	116.98	116.09(0%)	117.96(2.82%)	115.78-118.42	1.5(1.8)	2.3	0.1%	1.1%	0%	0.98%	2.7%	63	2.3	Growing Uptrend	Higher(1.2%)	8	1.7	1.1	Growing Uptrend	121.97(3.4%)	116.56-123.32	3.67	-0.6%-23.5%
10	Nov_12_2020	108.93 (0.4%)	110.94 (0.8%)	114.81 (0.9%)	117.02	116.62(0%)	114.72(-2.08%)	113.55-116.24	1.1(1.3)	0.6	%	0.8%	0%	0.72%	1.8%	55	2.1	Uptrend Dip	Higher(1.8%)	8	1.3	0.7	Uptrend Dip	120.18(4.76%)	112.9-122	2.44	-3.3%-20.1%

11	Nov_11_2020	108.59 (0.2%)	109.87 (0.8%)	113.76 (2%)	115.46	117.87(0%)	117.16(-1.25%)	116.17-119.43	1.8(2.1)	5.3	1.2%	1.1%	0%	0.58%	1.2%	59	2.1	Growing Uptrend	Higher(2.9%)	8	1.9	1.3	Uptrend Dip	121.57(3.76%)	114.27-123.38	2.64	-1.2%-22.7%
12	Nov_10_2020	108.03 (0.2%)	108.35 (0.4%)	111.55 (1.9%)	113.04	117.42(0%)	118.64(2.68%)	116.15-119.16	2.6(2.9)	1.8	3%	1.1%	-2.7%	0.34%	0.3%	64	1.8	Overbought	Lower(-4.1%)	7	3.2	0.7	Growing Uptrend	119.67(0.87%)	116.65-120.43	4.68	0%-24.2%
13	Nov_9_2020	107.42 (0.2%)	106.95 (0.2%)	109.5 (1.9%)	110.18	113.06(0%)	115.54(6.99%)	115.26-119.98	2.7(3)	1.8	2.9%	0.7%	-2.7%	0.14%	-0.4%	60	1.4	Overbought	Lower(-4.3%)	6	2.6	-0.4	Uptrend	115.59(0.04%)	113.99-116.28	5.38	0%-21%
14	Nov_6_2020	107.05 (0%)	106.04 (-0%)	107.49 (0.9%)	107.87	108.67(0%)	107.99(-1.35%)	107.87-110.24	0.5(0.4)	1.1	1.1%	-0.1%	0%	-0.02%	-0.9%	52	1.2	N/A	Higher(1.7%)	6	-1.4	1.9	Range Bound	107.9(-0.08%)	107.67-108.1	1.1	-2.1%-13.1%
15	Nov_5_2020	107.07 (0%)	106.21 (-0.2%)	106.49 (1.1%)	106.8	107.3(0%)	109.47(3.17%)	107.07-109.83	1.1(1.1)	2.8	0.7%	0.1%	0%	-0.06%	-0.8%	52	1.2	Uptrend Reversal	Range(0.8%)	6	-0.2	0.9	N/A	108.89(-0.53%)	108.17-109.47	1.46	-0.8%-14.6%

16	Nov_4_2020	107 (0%)	106.13 (-0.2%)	105.35 (0.8%)	105.48	107.08(0%)	106.11(-2.09%)	104.73-107.78	-0.4(-0.4)	1	0.8%	-0.1%	0%	-0.14%	-0.8%	45	1.2	Uptrend Reversal Downtrend Pop	Higher(1.7%)	6	-1.2	0.5	Downtrend	106.03(-0.08%)	105.91-106.31	2.95	-3.8%-11.1%
17	Nov_3_2020	107.04 (0%)	106.24 (-0.4%)	104.56 (0.5%)	104.59	106.29(0%)	108.38(2.74%)	107.11-108.91	0.6(0.6)	1.6	1.6%	0.1%	0%	-0.2%	-0.7%	53	1.2	Uptrend Reversal	Higher(1.7%)	5	2.4	-1.6	Downtrend	108.09(-0.27%)	108.06-108.17	2.2	-1.8%-13.5%
18	Nov_2_2020	107.04 (0%)	106.13 (-0.4%)	104.02 (-0.4%)	103.35	103.89(0%)	105.49(2.43%)	103.66-105.51	-0.6(-0.6)	0.4	0.3%	-0.1%	0%	-0.22%	-0.7%	45	1.3	Uptrend Reversal	Range(0.2%)	5	1.9	-2.5	After Bottom	105.5(0.01%)	104.55-106.27	0.8	-4.4%-10.5%
19	Oct_30_2020	106.85 (0.2%)	106.28 (-0.4%)	104.45 (-1.4%)	103.83	102.9(0%)	102.99(-0.78%)	102.01-104.22	-1.5(-1.7)	-4.7	-0.6%	-0.4%	0%	-0.2%	-0.5%	35	1.4	Growing Downtrend	Range(-0.6%)	5	0.8	-2.2	Correction	100.91(-2.02%)	100.55-102.32	1.68	-6.7%-7.9%
20	Oct_29_2020	106.87 (0.2%)	106.82 (-0.2%)	105.91 (-1.1%)	105.04	102.81(0%)	103.8(1.63%)	100.88-104.21	-1.1(-1.2)	-1.4	-1.7%	-0.3%	0%	-0.08%	-0.1%	40	1.5	Downtrend Pop	Lower(-2%)	5	0.7	-2.4	Correction	102.4(-1.35%)	102.11-103.56	1.18	-5.9%-8.7%

21	Oct_28_2020	106.77 (0.4%)	107.31 (-0.2%)	107.05 (-0.9%)	106.87	104.76(0%)	102.14(-3.36%)	102.1-104.1	-1.5(-1.6)	-2.5	-1.8%	-0.3%	0%	0.04%	0.5%	35	1.7	Growing Downtrend	Range(-0.4%)	5	0.4	-2.4	Correction	101.28(-0.84%)	101.04-102.28	2.12	-7.4%-7%
22	Oct_27_2020	106.7 (0.4%)	107.85 (-0%)	108.07 (-0.4%)	108.28	107.27(0%)	105.69(-1.78%)	105.65-107.64	-0.3(-0.3)	-1.3	-0.9%	-0.1%	0%	0.14%	1.1%	49	2	Downtrend Reversal	Range(-0.1%)	5	0.4	-0.6	Correction	105.56(-0.12%)	105.38-106.32	1.85	-4.2%-10.7%
23	Oct_26_2020	106.41 (0.6%)	108.08 (0%)	108.48 (0.1%)	108.28	108.98(0%)	107.61(-2.47%)	106.26-109.07	0.4(0.4)	-0.3	-0.1%	-0%	0%	0.22%	1.6%	61	2.2	N/A	Higher(1.1%)	5	1.1	-0.2	Uptrend	108.38(0.72%)	107.35-108.82	1.21	-2.5%-12.7%
24	Oct_23_2020	106.06 (0.6%)	108.24 (0.2%)	108.33 (0.4%)	108.54	109.28(0%)	110.33(0.78%)	109.1-110.57	1(1.1)	1.4	0.8%	0.3%	0%	0.26%	2.1%	68	2.5	Growing Uptrend	Higher(1.1%)	5	1.5	0.8	Uptrend	111.22(0.81%)	109.52-111.95	1.37	0%-15.5%
25	Oct_22_2020	105.41 (0.4%)	108.03 (0.2%)	107.9 (0.2%)	107.98	108.1(0%)	109.48(2.11%)	107.42-109.53	0.9(1)	1.6	0.2%	0.3%	0%	0.28%	2.5%	72	2.8	Growing Uptrend	Range(0.5%)	5	1.5	0.6	Uptrend	110.49(0.92%)	108.71-111.25	0.93	0%-14.7%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

Click to see actual return for next trading day.