| IWM latest price $187.2400 (1.59%) ($184.9600 - $187.7700) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 66 |
Latest Price | $187.2400(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.5% a day on average for past five trading days. |
Weekly Trend | IWM advances 1.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -0.71% in a week (0% probabilities). VXX(-53%) VIXM(-46%) UUP(-34%) TBT(-29%) BNDX(1%) |
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 | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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