| IWM latest price $141.7200 (-0.04%) ($139.8100 - $143.3100) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 55 |
Latest Price | $141.7200(-0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.4% 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) IWN(96%) IWO(96%) IWC(94%) IWD(88%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -1.61% in a week (0% probabilities). VIXM(-49%) UUP(-25%) VXX(-22%) TLT(-6%) SHY(3%) |
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 | -1.61% (StdDev 3.22%) |
Hourly BBV | -1.2 () |
Intraday Trend | 1% |
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