| IWM latest price $45.3300 (-5.07%) ($44.7900 - $47.9100) on Thu. Dec. 11, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 66 |
Latest Price | $45.3300(-5.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.5% a day on average for past five trading days. |
Weekly Trend | IWM advances 4.5% 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(85%) XLY(82%) QQQ(81%) EWG(77%) |
Factors Impacting IWM price | IWM will decline at least -2.425% in a week (0% probabilities). TLT(-32%) SHY(-13%) TIP(-5%) GLD(5%) LQD(16%) |
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 | -2.425% (StdDev 4.85%) |
Hourly BBV | 0 () |
Intraday Trend | -4.1% |
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