| IWM latest price $178.4600 (5.49%) ($174.2200 - $178.4700) on Tue. Nov. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 72 |
Latest Price | $178.4600(5.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.8% 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%) IFRA(94%) IWD(91%) VFMO(90%) |
Factors Impacting IWM price | IWM will decline at least -0.665% in a week (0% probabilities). VXX(-47%) UUP(-35%) VIXM(-34%) EDOC(-32%) TBT(-30%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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