| IWM latest price $174.4900 (2.72%) ($172.7800 - $175.6450) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 49 |
Latest Price | $174.4900(2.72%) |
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 declines -0.8% 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(93%) ARKG(90%) IWD(90%) |
Factors Impacting IWM price | IWM will decline at least -0.55% in a week (0% probabilities). VXX(-48%) VIXM(-38%) TBT(-37%) UUP(-36%) BNDX(18%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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