| IWM latest price $178.9800 (0.53%) ($178.7000 - $181.7500) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 67 |
Latest Price | $178.9800(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% 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 | Normal 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%) ARKG(91%) IWD(90%) |
Factors Impacting IWM price | IWM will decline at least -0.66% in a week (0% probabilities). EDOC(-64%) VXX(-51%) VIXM(-46%) UUP(-29%) TBT(-15%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.3% |
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