| IWM latest price $53.7500 (4.51%) ($50.4800 - $54.0900) on Fri. Oct. 31, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 45 |
Latest Price | $53.7500(4.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.7% a day on average for past five trading days. |
Weekly Trend | IWM declines -4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) SPY(90%) PEJ(84%) XLY(83%) QQQ(82%) XLK(78%) |
Factors Impacting IWM price | IWM will decline at least -1.835% in a week (0% probabilities). TLT(-33%) SHY(-13%) TIP(-7%) GLD(8%) LQD(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.835% (StdDev 3.67%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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