| IWM latest price $195.9700 (1.22%) ($193.4900 - $196.3900) on Tue. Jul. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 74 |
Latest Price | $195.9700(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.6% a day on average for past five trading days. |
Weekly Trend | IWM advances 2.1% 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%) IWD(90%) IFRA(89%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.59% in a week (0% probabilities). VXX(-54%) VIXM(-45%) UUP(-39%) TBT(-38%) EDOC(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
| |
|
|