| IWM latest price $176.5300 (0.16%) ($174.8900 - $178.8100) on Thu. May. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 42 |
Latest Price | $176.5300(0.16%) |
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 -2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IWC(94%) IWD(92%) PAVE(90%) |
Factors Impacting IWM price | IWM will decline at least -0.95% in a week (0% probabilities). VIXM(-27%) UUP(-22%) VXX(-9%) TBT(-9%) UNG(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.95% (StdDev 1.9%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0.9% |
| |
|
|