| IWM latest price $172.0600 (-2.01%) ($171.6000 - $174.9700) on Mon. Jul. 11, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 64 |
Latest Price | $172.0600(-2.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.1% 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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IWC(93%) IWD(92%) PAVE(89%) |
Factors Impacting IWM price | IWM will decline at least -1.015% in a week (0% probabilities). VIXM(-20%) UUP(-20%) TBT(-12%) VXX(-8%) SHY(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.3% |
| |
|
|