| IWM latest price $187.8700 (1.61%) ($184.1600 - $188.0500) on Mon. Jul. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 53 |
Latest Price | $187.8700(1.61%) |
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 0.5% 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%) IFRA(90%) IWD(90%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.59% in a week (0% probabilities). VXX(-55%) VIXM(-46%) UUP(-39%) TBT(-39%) EDOC(7%) |
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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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