| IWM latest price $193.3300 (3.39%) ($185.6700 - $193.6400) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 81 |
Latest Price | $193.3300(3.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1% a day on average for past five trading days. |
Weekly Trend | IWM advances 2.6% 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(94%) ARKK(93%) |
Factors Impacting IWM price | IWM will decline at least -0.705% in a week (0% probabilities). VXX(-54%) VIXM(-48%) UUP(-30%) TBT(-9%) BNDX(-2%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 3.7 () |
Intraday Trend | 3.3% |
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