Trading Signals: IWO Stock Price Prediction and Forecast

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

Mon. Jan. 25, 2021

Trading Signals: IWO Stock Price Prediction and Forecast (Mon. Aug. 17, 2015 - Mon. Jan. 25, 2021)

(Russell 2000 Growth Ishares ETF)
IWO latest price $315.8200 (-0.12%) ($310.4350 - $320.1400) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $11.4 (3.78% one month average)
Average Daily Percentage Swing   1.31% (three month average)
Weekly Trend Force   0.4% (StdDev 1.31%)
Daily Moving Force   0.4%
Correction Force   Weak (0%)
Trend   0.6%
Trend Strength   3.1%
Latest Price   $315.8200(-0.12%)
Forecasted Low Price   314.87(-0.3%)
Forecasted High Price   319.61(1.2%)
Direction of Next Movement   Higher(0.9%)
% Change Needed to Confirm Correction   1.7% (310.53)
% Change Needed for Trend Reversal   2.3%
Hourly Trend 0.3% [$314.2(1.03), $314.23(0.95)]
Stocks Behave Similarly   Similar Stock List
Complacency   8
Intraday Reversal Probability   N/A.
Daily Trend   IWO advances 0.6% a day on average for past five trading days.
Weekly Trend   IWO advances 3.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support IWO advance at 0.2% a week (84% probability)
IWM(88%)    XRT(76%)    DRIV(74%)    FIVG(73%)    SNSR(72%)
Factors Impacting IWO price   IWO will decline at least -0.2% in a week (47% probabilities).
VXX(-63%)    VIXM(-57%)    UUP(-32%)    CNCR(-26%)    SHY(-25%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.1

Relative Volatility 1.6 (options are expensive)

Market Trend Strength   0.4% (StdDev 1.31%)
Hourly BBV 1.4 ()
Intraday Trend -0.1%

Next Day Open Price   $315.76(-0.02%)
Inflection Point   Yes
Support Level   $301.65
5 Day Moving Average   $314.35(0.47%)
10 Day Moving Average   $310.9(1.58%)
20 Day Moving Average   $301.65(4.7%)
To recent high   -0.1%
To recent low   41.5%
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

$. IWO price fluctuates within 3.78% (three month std-dev: 1.31% one year average std_dev: 0%) daily (68% of days).
$. IWO 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	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jan_25_2021	301.65 (0.4%)	310.9 (0.6%)	314.35 (0.6%)	314.23	314.2(0%)	315.82(-0.12%)	310.44-320.14	-0,1.1(1.2)	1.4	0.4%	0.4%	0%	0.6%	3.1%	Growing Uptrend	Higher(0.9%)	8	83	2.9	1.1	2.2	Uptrend	323.05(2.29%)	313.43-327.16	0.47	-0.1%-41.5%
2	Jan_22_2021	300.55 (0.4%)	309.68 (0.8%)	312.61 (0.3%)	313.28	313.17(0%)	316.21(1.35%)	309-316.52	0.1,1.3(1.4)	3	%	0.4%	0%	0.64%	3%	Growing Uptrend	Range(0.4%)	9	76	2.8	1.4	2.1	Uptrend	323.13(2.19%)	313.27-327.37	0.52	0%-41.7%
3	Jan_21_2021	299.37 (0.4%)	308.24 (0.8%)	311.73 (0.4%)	311.96	314.27(0%)	312.01(-0.81%)	310.78-316	0.2,1.1(1.2)	0.1	0.3%	0.5%	0%	0.7%	3%	Uptrend Dip	Higher(1.2%)	10	73	2.7	0.9	2.4	After Top	318.22(1.99%)	304.57-329.38	0.45	-0.8%-39.8%
4	Jan_20_2021	298.19 (0.4%)	306.55 (0.8%)	310.51 (0.5%)	311.12	313.39(0%)	314.55(0.45%)	313.1-317.45	0.3,1.4(1.6)	1.5	0.9%	0.8%	0%	0.72%	2.8%	Growing Uptrend	Higher(1.7%)	10	77	2.6	1.3	2.3	Uptrend	321.91(2.34%)	311.61-326.33	0.38	0%-40.9%
5	Jan_19_2021	296.79 (0.6%)	303.79 (0.8%)	309.06 (0.7%)	309.12	309.66(0%)	313.15(1.95%)	309.5-313.33	0.1,1.5(1.7)	1.8	0.4%	0.8%	0%	0.68%	2.4%	Growing Uptrend	Higher(1.2%)	9	67	2.4	1.8	2.3	Growing Uptrend	320.95(2.49%)	310.42-323.56	0.62	0%-40.3%

6	Jan_15_2021	295.43 (0.6%)	300.81 (0.6%)	306.97 (0.2%)	307.57	308.86(0%)	307.15(-1.49%)	303.83-310.78	0.2,1.1(1.3)	2	0.3%	0.6%	0%	0.6%	1.8%	Uptrend Dip	Higher(1.6%)	8	60	2.2	1.7	2.5	Uptrend Dip	319.37(3.98%)	303.08-323.45	0.72	-1.5%-37.6%
7	Jan_14_2021	294.18 (0.6%)	298.82 (0.6%)	306.24 (0.7%)	305.93	308.58(0%)	311.78(1.92%)	307.59-313.43	0.3,1.8(2.1)	3.9	0.7%	0.7%	0%	0.56%	1.6%	Growing Uptrend	Higher(1.4%)	7	63	2.2	2.2	2.5	Overbought	307.48(-1.38%)	299.24-319.84	0.73	0%-39.7%
8	Jan_13_2021	292.67 (0.6%)	296.39 (0.4%)	304.26 (0.8%)	304.25	306.27(0%)	305.9(-0.47%)	305.13-308.98	0.3,1.5(1.7)	0.2	0.8%	0.6%	0%	0.48%	1.3%	Growing Uptrend	Higher(1.6%)	6	61	2.1	1.4	1.9	Growing Uptrend	310.67(1.56%)	303.66-312.42	0.48	-0.5%-37.1%
9	Jan_12_2021	291.21 (0.6%)	294.27 (0.4%)	301.92 (1.4%)	302.34	303.29(0%)	307.34(1.55%)	303.65-307.38	0.2,1.9(2.2)	0.3	0.8%	0.6%	0%	0.4%	1.1%	Growing Uptrend	Higher(1.4%)	5	67	2	1.9	2	Growing Uptrend	311.52(1.36%)	304.58-313.25	0.31	0%-37.7%
10	Jan_11_2021	289.57 (0.4%)	292.54 (0.2%)	297.64 (1.4%)	298.94	302.24(0%)	302.66(-0.29%)	298.01-303.79	0.6,1.7(1.8)	0.3	0.8%	0.4%	0%	0.3%	1%	Growing Uptrend	Higher(1.3%)	5	65	1.9	1.3	1.6	Growing Uptrend	305.78(1.03%)	300.21-307.18	0.62	-0.3%-35.6%

11	Jan_8_2021	288.21 (0.4%)	291.56 (0.2%)	293.61 (1.2%)	294.77	301.39(0%)	303.53(0.55%)	298.97-307.14	1.1,1.9(2.1)	2.5	1.7%	0.4%	0%	0.22%	1.2%	Growing Uptrend	Higher(2.1%)	4	67	2	1.3	1	Uptrend	305.14(0.53%)	300.83-307	0.37	0%-36%
12	Jan_7_2021	286.6 (0.4%)	290.51 (0%)	290.24 (1%)	290.07	295.63(0%)	301.86(2.61%)	296.39-302.54	0.8,2(2.2)	2	1.8%	0.4%	0%	0.16%	1.4%	Overbought	Higher(2.2%)	5	69	1.9	1.3	0.6	Uptrend	302.83(0.32%)	299.11-304.43	0.54	0%-35.3%
13	Jan_6_2021	285.23 (0.4%)	289.55 (0%)	287.49 (0.7%)	286.98	288.15(0%)	294.19(2.88%)	287.73-297.64	0.1,1.2(1.3)	1.3	0.9%	0.3%	0%	0.14%	1.5%	Growing Uptrend	Higher(1.2%)	5	64	1.9	1	-0.8	N/A	293.78(-0.14%)	289.41-297.37	0.74	-0.2%-31.8%
14	Jan_5_2021	284.07 (0.4%)	288.96 (0%)	285.62 (-0.4%)	285.89	284.51(0%)	285.96(1.22%)	282.21-286.99	-0.2,0.3(0.3)	0.1	-0.4%	0%	0%	0.14%	1.7%	Downtrend Reversal	Range(-0.4%)	5	65	2	0.1	-0.3	Uptrend Consolidation	285.47(-0.17%)	284.92-287.12	0.64	-3%-28.1%
15	Jan_4_2021	283.28 (0.4%)	289.17 (0.2%)	286.72 (-0.8%)	286.86	285.81(0%)	282.5(-1.46%)	278.74-288.92	-0.1,-0.1(-0.1)	-1.6	-0.7%	-0%	0%	0.24%	2.1%	Downtrend Reversal	Range(0%)	5	64	2.1	0	-0.7	Uptrend Consolidation	282.95(0.16%)	282.5-284.26	0.76	-4.2%-26.6%

16	Dec_31_2020	282.46 (0.4%)	289.71 (0.4%)	289.08 (-0.6%)	289.31	287.27(0%)	286.7(-0.48%)	284.35-288.49	-0.2,0.4(0.5)	-1.4	-0.4%	0.2%	0%	0.38%	2.6%	Correction	Range(0%)	7	68	2.5	0.3	1.1	Uptrend Consolidation	286.16(-0.19%)	284.87-290.05	0.51	-2.8%-28.5%
17	Dec_30_2020	281.33 (0.6%)	289.37 (0.4%)	290.71 (-0.4%)	291.31	287.91(0%)	288.09(1.13%)	286-289.96	-0.3,0.6(0.7)	-0.9	-0.9%	0.2%	0%	0.5%	2.9%	Correction	Lower(-0.7%)	8	74	2.8	0.6	0.9	Uptrend	293.02(1.71%)	286.83-295.67	0.51	-2.3%-30.1%
18	Dec_29_2020	280.14 (0.6%)	288.91 (0.6%)	291.89 (-0.3%)	293.19	291.34(0%)	284.86(-2.25%)	283.34-292.57	-0.1,0.4(0.5)	-1.6	-0.7%	0.3%	0%	0.58%	3.1%	Correction Correction	Higher(0.7%)	9	65	2.9	0.4	1.2	Uptrend	291.3(2.26%)	284.07-294.39	0.95	-3.4%-28.9%
19	Dec_28_2020	279.08 (0.6%)	288.24 (0.6%)	292.68 (0.3%)	294.28	294.71(0%)	291.43(-0.99%)	291.24-297.6	0.2,1(1.1)	-1.8	0.2%	0.5%	0%	0.66%	3.3%	Uptrend Dip	Higher(1.2%)	10	78	3.2	1	0.8	After Top	298.72(2.5%)	284.56-310.31	0.76	-1.2%-32%
20	Dec_24_2020	277.74 (0.6%)	286.65 (0.8%)	291.88 (0.5%)	292.09	295.03(0%)	294.33(-0.18%)	292.97-296.28	0.3,1.4(1.5)	3.4	0.5%	0.6%	0%	0.68%	3.2%	Growing Uptrend	Higher(1.2%)	10	84	3.2	1.7	1	After Top	301.01(2.27%)	284.78-314.29	0.2	-0.2%-38.4%

21	Dec_23_2020	276.08 (0.6%)	284.79 (0.8%)	290.39 (0.9%)	290.33	293.85(0%)	294.86(0.3%)	292.84-296.61	0.3,1.6(1.8)	1.7	1.2%	0.8%	0%	0.72%	3.2%	Growing Uptrend	Higher(2%)	10	87	3.2	2.1	1	Uptrend	303.79(3.03%)	291.44-309.1	0.87	0%-38.6%
22	Dec_22_2020	274.35 (0.6%)	282.45 (0.8%)	287.86 (0.8%)	287.84	289.15(0%)	293.97(1.79%)	290.25-295.1	0.1,1.7(1.9)	2.6	0.8%	0.7%	0%	0.7%	3%	Growing Uptrend	Higher(1.5%)	10	87	2.9	2.3	1.2	Overbought	290.3(-1.25%)	279.87-305.9	0.55	0%-38.2%
23	Dec_21_2020	272.58 (0.6%)	280.5 (0.8%)	285.59 (0.9%)	285.3	286.8(0%)	288.81(0.48%)	281.8-289.52	0.1,1.5(1.7)	2.6	0.4%	0.6%	0%	0.7%	2.9%	Growing Uptrend	Higher(1%)	10	84	2.7	2	0.1	Uptrend	295.68(2.38%)	286.06-299.81	0.65	0%-35.8%
24	Dec_18_2020	270.93 (0.6%)	278.65 (0.8%)	283.14 (0.9%)	284	286.53(0%)	287.44(0.2%)	286.3-290.25	0.4,1.6(1.8)	1.8	0.9%	0.7%	0%	0.66%	2.8%	Growing Uptrend	Higher(1.6%)	10	84	2.6	2.1	1.9	Uptrend	293.73(2.19%)	284.51-297.71	0.36	0%-35.1%
25	Dec_17_2020	269.28 (0.6%)	276.79 (0.6%)	280.58 (0.8%)	281.5	283.8(0%)	286.87(1.65%)	283.16-286.87	0.4,1.7(2)	3.8	0.9%	0.8%	0%	0.62%	2.8%	Growing Uptrend	Higher(1.7%)	10	78	2.5	2	1.8	Overbought	283.26(-1.26%)	274.49-296.39	0.38	0%-34.9%
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	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low