| IWM latest price $179.0500 (0.49%) ($178.3300 - $182.3700) on Wed. Oct. 26, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 55 |
Latest Price | $179.0500(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.9% a day on average for past five trading days. |
Weekly Trend | IWM advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IWC(91%) IWD(91%) PAVE(89%) |
Factors Impacting IWM price | IWM will decline at least -0.87% in a week (0% probabilities). UUP(-9%) TBT(-9%) VIXM(-8%) VXX(-7%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.1% |
| |
|
|