| IWM latest price $115.4400 (0.35%) ($115.0600 - $115.7300) on Tue. Aug. 19, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.85% (three month average) |
RSI | 54 |
Latest Price | $115.4400(0.35%) |
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 1.2% 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%) VT(83%) XAR(79%) XLF(78%) |
Factors Impacting IWM price | IWM will decline at least -0.425% in a week (0% probabilities). VIXM(-31%) TLT(-23%) UUP(-10%) SHY(-7%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.425% (StdDev 0.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|