| IWM latest price $182.0200 (3.63%) ($177.4500 - $182.0900) on Fri. Jun. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 65 |
Latest Price | $182.0200(3.63%) |
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 0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IFRA(90%) IWD(89%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.69% in a week (0% probabilities). VXX(-53%) VIXM(-45%) UUP(-33%) TBT(-30%) BNDX(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.2% |
| |
|
|