| IWM latest price $98.2800 (0.2%) ($97.5900 - $98.6400) on Wed. Jul. 3, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 48 |
Latest Price | $98.2800(0.2%) |
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 declines -0.1% 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(87%) PEJ(83%) XAR(79%) XLY(78%) QQQ(76%) |
Factors Impacting IWM price | IWM will decline at least -0.57% in a week (0% probabilities). TLT(-23%) SHY(-7%) IGOV(-7%) TIP(2%) GLD(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.57% (StdDev 1.14%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|