| IWM latest price $77.9500 (0.7%) ($77.2500 - $78.5000) on Mon. Jan. 31, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 46 |
Latest Price | $77.9500(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.1% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.9% 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(88%) PEJ(84%) XLY(80%) QQQ(78%) EWG(76%) |
Factors Impacting IWM price | IWM will decline at least -0.525% in a week (0% probabilities). TLT(-31%) SHY(-8%) TIP(-5%) IGOV(2%) GLD(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.525% (StdDev 1.05%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|