| IWM latest price $177.6400 (0.94%) ($175.9700 - $178.5700) on Thu. Sep. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.94% (three month average) |
RSI | 34 |
Latest Price | $177.6400(0.94%) |
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 declines -2.2% 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(92%) IWD(91%) XRT(89%) |
Factors Impacting IWM price | IWM will decline at least -0.47% in a week (0% probabilities). VXX(-53%) VIXM(-45%) UUP(-39%) TBT(-37%) EDOC(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.47% (StdDev 0.94%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
| |
|
|