| IWM latest price $186.8000 (0.76%) ($184.8600 - $187.7500) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 69 |
Latest Price | $186.8000(0.76%) |
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% 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(95%) ARKG(94%) ARKK(94%) |
Factors Impacting IWM price | IWM will decline at least -0.68% in a week (0% probabilities). VXX(-55%) VIXM(-49%) UUP(-32%) TBT(-13%) BNDX(3%) |
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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.9% |
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