| IWD latest price $128.1300 (4.15%) ($128.0700 - $131.5600) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 61 |
Latest Price | $128.1300(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWD advances 1.5% a day on average for past five trading days. |
Weekly Trend | IWD advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IWD advance at 0% a week (0% probability) IVE(98%) DIA(95%) SDY(93%) SPY(91%) PAVE(90%) |
Factors Impacting IWD price | IWD will decline at least -0.61% in a week (0% probabilities). VIXM(-53%) UUP(-30%) VXX(-18%) EDOC(-10%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.3% |
| |
|
|