| IWM latest price $194.9300 (0.24%) ($193.9900 - $196.2550) on Mon. Jul. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 64 |
Latest Price | $194.9300(0.24%) |
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 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock 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%) XRT(88%) |
Factors Impacting IWM price | IWM will decline at least -0.595% in a week (0% probabilities). VXX(-54%) VIXM(-46%) UUP(-38%) TBT(-38%) EDOC(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 | -0.595% (StdDev 1.19%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.2% |
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