| IWM latest price $38.9600 (6.22%) ($36.0700 - $39.1900) on Thu. Mar. 12, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 42 |
Latest Price | $38.9600(6.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.2% a day on average for past five trading days. |
Weekly Trend | IWM declines -4.8% 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(89%) PEJ(85%) XLY(82%) QQQ(80%) EWG(77%) |
Factors Impacting IWM price | IWM will decline at least -1.455% in a week (0% probabilities). TLT(-32%) SHY(-13%) TIP(-5%) IGOV(6%) GLD(6%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
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