| IWM latest price $115.0400 (2.2%) ($110.8000 - $115.2600) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 40 |
Latest Price | $115.0400(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.8% a day on average for past five trading days. |
Weekly Trend | IWM declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWO(97%) IWN(96%) IWC(95%) IWD(89%) PAVE(89%) |
Factors Impacting IWM price | IWM will decline at least -1.8% in a week (0% probabilities). VIXM(-52%) UUP(-27%) VXX(-23%) TLT(-11%) SHY(2%) |
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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.6% |
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