| IWM latest price $175.5600 (1.25%) ($174.2800 - $176.6700) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 38 |
Latest Price | $175.5600(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.3% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IWC(90%) IWD(90%) IFRA(87%) |
Factors Impacting IWM price | IWM will decline at least -0.84% in a week (0% probabilities). SHY(-13%) XLU(-6%) XBI(-6%) VXX(-6%) BNDX(-6%) |
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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.6% |
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