Trading Signals: IWN Stock Price Prediction and Forecast

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

Wed. Mar. 3, 2021

Trading Signals: IWN Stock Price Prediction and Forecast (Mon. Aug. 17, 2015 - Wed. Mar. 3, 2021)

(iShares Russell 2000 Value ETF)
IWN latest price $155.6100 (0.54%) ($155.1400 - $158.5600) on Wed. Mar. 3, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $3.33 (2.19% one month average)
Average Daily Percentage Swing   1.51% (three month average)
Weekly Trend Force   0.3% (StdDev 1.51%)
Daily Moving Force   %
Correction Force   Weak (0%)
Trend   0.26%
Trend Strength   1.2%
RSI   58
Momentum   1.5
Latest Price   $155.6100(0.54%)
Forecasted Low Price   154.99(-0.4%)
Forecasted High Price   156.7(0.7%)
Direction of Next Movement   Range(0.4%)
% Change Needed to Confirm Correction   1.5% (153.36)
% Change Needed for Trend Reversal   1.9%
Hourly Trend 0.1% [$156.02(0.11), $155.04(0.21)]
Stocks Behave Similarly   Similar Stock List
Complacency   6
Intraday Reversal Probability   N/A.
Daily Trend   IWN declines -0.3% a day on average for past five trading days.
Weekly Trend   IWN advances 0.9% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Rotation from growth to value for small cap.
Correlated ETFs   Broad market will support IWN advance at 0% a week (94% probability)
IWM(94%)    XLI(93%)    IWC(91%)    IWD(91%)    IVE(89%)
Factors Impacting IWN price   IWN will advance at least 0.1% in a week (49% probabilities).
VXX(-64%)    VIXM(-59%)    ROBT(-36%)    TLT(-19%)    UUP(-14%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.9

Relative Volatility -0.6 (options are cheap)

Market Trend Strength   0.4% (StdDev 1.51%)
Hourly BBV 0.5 ()
Intraday Trend -0%

Next Day Open Price   $154.49(-0.72%)
Inflection Point   Yes
Support Level   $152.03
5 Day Moving Average   $154.29(0.86%)
10 Day Moving Average   $153.88(1.12%)
20 Day Moving Average   $152.03(2.35%)
To recent high   -1.3%
To recent low   23.5%
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 2.19% (three month std-dev: 1.51% 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 Hourly Chart 15 Minute Chart

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	Mar_3_2021	152.03 (0.4%)	153.88 (0.2%)	154.29 (-0.3%)	155.04	156.02(0%)	155.61(0.54%)	155.14-158.56	0.9(1.1)	0.5	%	0.3%	0%	0.26%	1.2%	58	1.5	Growing Uptrend	Range(0.3%)	6	1.9	0.1	Uptrend	156.26(0.42%)	155.01-156.8	2.6	-1.3%-23.5%
2	Mar_2_2021	151.4 (0.4%)	153.46 (0.2%)	154.71 (0.2%)	154.83	155.91(0%)	154.78(-1.33%)	154.71-156.88	1(0.9)	0.1	0.6%	0.2%	0%	0.28%	1.4%	55	1.7	Growing Uptrend	Higher(1.5%)	6	1.3	0.5	Uptrend	155.69(0.59%)	154.2-156.34	2.31	-1.8%-23.5%
3	Mar_1_2021	150.76 (0.4%)	153.21 (0.2%)	154.45 (0.4%)	154.85	154.06(0%)	156.87(3.48%)	154.73-157.28	1(1.4)	1.3	0.3%	0.4%	0%	0.26%	1.6%	60	1.9	Growing Uptrend	Range(0.7%)	6	1.6	0.3	Uptrend	157.78(0.58%)	155.76-158.64	2.32	-0.5%-26.1%
4	Feb_26_2021	149.87 (0.4%)	153.21 (0.2%)	153.87 (-0.1%)	154.01	153.75(0%)	151.6(-0.66%)	149.6-154.28	1(0.4)	-0.9	-0.7%	0.1%	0%	0.26%	1.9%	60	2.1	Correction Correction	Range(-0.3%)	6	1.4	0.4	Uptrend	152.71(0.73%)	151.36-153.28	2.28	-3.9%-23.6%
5	Feb_25_2021	149.34 (0.4%)	152.68 (0.2%)	153.99 (0.5%)	154.24	155.64(0%)	152.61(-3.22%)	152.45-158.52	1.1(0.6)	-0.2	0.7%	0.2%	0%	0.32%	2.2%	65	2.3	Uptrend Dip	Higher(2.5%)	7	1.6	0.5	After Top	153.85(0.81%)	151.03-156.16	1.81	-3.2%-24.5%

6	Feb_24_2021	148.78 (0.4%)	152.57 (0.4%)	153.29 (0.8%)	153.2	154.28(0%)	157.68(2.73%)	153.97-157.77	1.2(1.7)	2.9	0.9%	0.4%	0%	0.34%	2.5%	82	2.5	Growing Uptrend	Higher(1.3%)	7	2.2	1.1	Uptrend	159.35(1.06%)	155.98-160.8	2.52	0%-28.6%
7	Feb_23_2021	148.02 (0.4%)	151.95 (0.4%)	152.04 (0.2%)	151.66	152.84(0%)	153.49(-0.32%)	150.39-154.21	1.1(1.1)	0.9	0.3%	0.2%	0%	0.34%	2.7%	80	2.4	Growing Uptrend	Range(0.7%)	7	1.7	1.5	Uptrend	155.01(0.99%)	152.44-156.11	2.52	-0.3%-25.2%
8	Feb_22_2021	147.51 (0.4%)	151.76 (0.4%)	151.8 (0.3%)	151.27	152.12(0%)	153.99(1.18%)	151.47-155.13	1.1(1.3)	1.1	0.6%	0.4%	0%	0.44%	2.9%	82	2.3	Growing Uptrend	Higher(1%)	7	2.2	1.7	Uptrend	155.81(1.18%)	152.83-157.08	2.06	0%-25.6%
9	Feb_19_2021	146.98 (0.4%)	151.15 (0.6%)	151.4 (0.1%)	151.22	150.49(0%)	152.19(2.08%)	150.11-152.5	1.1(1.1)	0.6	%	0.4%	0%	0.5%	2.8%	84	2.2	Growing Uptrend	Range(0.4%)	7	1.6	1.9	Uptrend	154.12(1.27%)	151.21-155.38	1.33	-0.1%-25.8%
10	Feb_18_2021	146.46 (0.4%)	150.59 (0.6%)	151.22 (-0.3%)	151.25	150.43(0%)	149.09(-1.55%)	148.58-150.94	1.2(0.6)	-1.7	-0.6%	0.3%	0%	0.56%	2.8%	74	2.2	Correction	Range(0.5%)	8	0.3	1.9	Uptrend	151.28(1.47%)	148.61-152.42	1.37	-2.1%-23.5%

11	Feb_17_2021	146.19 (0.4%)	150.09 (0.8%)	151.68 (-0.1%)	151.65	151.95(0%)	151.43(-0.58%)	149.83-152.05	1.5(1.1)	-1	-0.1%	0.5%	0%	0.62%	2.7%	77	2.2	Correction	Range(0.7%)	9	1	2.1	After Top	153.31(1.24%)	148.54-157.21	1.61	-0.6%-25.4%
12	Feb_16_2021	145.75 (0.4%)	149.24 (0.8%)	151.81 (0.1%)	151.87	152.07(0%)	152.31(0.23%)	151.51-153.83	1.7(1.5)	0.3	0.3%	0.6%	0%	0.64%	2.4%	72	2.2	Growing Uptrend	Higher(0.9%)	9	1.4	2	Uptrend	154.76(1.61%)	151.13-156.32	0.9	0%-26.2%
13	Feb_12_2021	145.21 (0.4%)	148.19 (0.8%)	151.7 (0.6%)	151.59	151.36(0%)	151.96(0.43%)	150.31-152.26	2(1.6)	1.9	0.1%	0.7%	-0.6%	0.64%	2.1%	69	2	Growing Uptrend	Lower(-0.8%)	8	1.5	2.1	Growing Uptrend	154.8(1.87%)	150.84-155.78	1.02	-0.1%-32.5%
14	Feb_11_2021	144.79 (0.4%)	146.88 (0.6%)	150.87 (0.7%)	151.35	151.66(0%)	151.31(-0.06%)	148.99-152.9	2.2(1.6)	1.7	0.3%	0.6%	-1.6%	0.56%	1.4%	67	1.8	Growing Uptrend	Lower(-2.8%)	8	1.7	2.2	Growing Uptrend	153.58(1.5%)	150.16-154.44	1.21	-0.5%-31.9%
15	Feb_10_2021	144.26 (0.4%)	145.78 (0.6%)	149.84 (1.1%)	150.35	151.82(0%)	151.4(-0.44%)	150.35-153.19	2.4(1.9)	3.4	0.8%	0.6%	-2.4%	0.48%	1.1%	70	1.7	Growing Uptrend	Lower(-4.3%)	7	2	2.2	Relative Overbought	151.95(0.36%)	147.57-155.52	1.17	-0.4%-32%

16	Feb_9_2021	143.8 (0.4%)	144.72 (0.4%)	148.2 (1.3%)	148.59	151.03(0%)	152.07(0.22%)	150.33-152.71	2.3(2.5)	2.8	1.4%	0.6%	-1.8%	0.38%	0.6%	66	1.5	Breakout	Lower(-3%)	6	2.6	2	Approaching Top	151.64(-0.28%)	147.54-155	0.84	0%-32.6%
17	Feb_8_2021	143.16 (0.4%)	143.72 (0.2%)	146.25 (1.4%)	146.32	148.88(0%)	151.74(2.66%)	148.9-151.75	2(3)	3.4	1.6%	0.6%	-0.4%	0.28%	0.4%	67	1.1	Breakout	Higher(1.8%)	6	2.8	1.8	Growing Uptrend	152.39(0.43%)	150.16-152.94	1.57	0%-32.3%
18	Feb_5_2021	142.52 (0.4%)	142.8 (0.2%)	144.21 (1.3%)	144.27	146.16(0%)	147.81(1.13%)	146.05-147.97	1.4(2.5)	2.4	1.4%	0.3%	0%	0.18%	0.2%	63	0.8	Breakout	Higher(1.7%)	6	1.5	1.7	Growing Uptrend	148.15(0.23%)	146.81-148.48	1.39	0%-36.9%
19	Feb_4_2021	142.16 (0.4%)	142.33 (-0%)	142.33 (0.8%)	142.54	143.76(0%)	146.16(2.06%)	143.65-146.21	0.8(2.3)	2.5	0.9%	0.3%	0%	0.06%	0.1%	53	0.7	Breakout	Higher(1.2%)	5	1	1.5	Growing Uptrend	146.23(0.05%)	145.43-146.43	1.16	0%-37.7%
20	Feb_3_2021	141.83 (0.4%)	141.87 (-0.2%)	141.15 (0.3%)	141.34	142.38(0%)	143.21(0.63%)	141.19-143.39	0.3(0.9)	1.4	0.5%	0.1%	0%	0.02%	0%	55	0.6	Uptrend Reversal	Range(0.6%)	5	0.4	1.7	Growing Uptrend	143.22(0.01%)	142.97-143.29	1.64	-0.7%-35%

21	Feb_2_2021	141.35 (0.4%)	141.89 (-0.2%)	140.72 (-0.1%)	141.01	141.32(0%)	142.32(0.54%)	140.74-142.99	0.1(0.4)	0.5	0.4%	0.1%	0%	-0%	0.4%	49	1	Uptrend Reversal	Range(0.5%)	5	0.2	1.4	Correction	142.05(-0.19%)	141.82-142.32	0.93	-1.3%-34.9%
22	Feb_1_2021	140.78 (0.4%)	141.94 (-0.2%)	140.82 (-0.3%)	140.73	140.29(0%)	141.55(2.28%)	138.35-141.93	0.1(0.2)	0.4	-0.4%	0.1%	0%	0.02%	0.8%	55	1.3	Correction	Range(-0.3%)	4	0.6	1.1	Correction	141.24(-0.22%)	140.85-141.73	1.54	-1.8%-34.2%
23	Jan_29_2021	140.33 (0.4%)	141.99 (-0%)	141.22 (-0.8%)	141.52	140.69(0%)	138.4(-1.33%)	138.05-142.38	0.2(-0.5)	-3.2	-0.5%	-0.2%	0%	0.06%	1.2%	50	1.4	Downtrend Reversal	Range(-0%)	5	0.5	0.2	Correction	137.31(-0.79%)	136.99-138.58	1.79	-4%-34.4%
24	Jan_28_2021	140.05 (0.4%)	142.59 (0%)	142.3 (-0.3%)	142.38	141.17(0%)	140.26(-0.58%)	139.56-143.5	0.6(0.1)	-2.1	-0.5%	0%	0%	0.18%	1.8%	50	1.6	Downtrend Reversal	Range(-0.2%)	6	0.3	0.6	Uptrend	140.81(0.39%)	140.16-141.08	2.13	-2.7%-37.3%
25	Jan_27_2021	139.59 (0.4%)	142.73 (0.2%)	142.65 (-0.4%)	142.57	142.34(0%)	141.08(-1.22%)	139.85-142.97	0.8(0.3)	-1.7	-0.6%	-0%	0%	0.22%	2.2%	55	1.7	Downtrend Reversal	Range(0%)	7	0.9	0.9	Uptrend Consolidation	140.76(-0.23%)	140.4-141.84	1.79	-2.1%-38.1%
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