| IWM latest price $200.9300 (1.94%) ($198.0200 - $201.3000) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 85 |
Latest Price | $200.9300(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.4% a day on average for past five trading days. |
Weekly Trend | IWM advances 4% 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%) ARKK(97%) ARKG(96%) IFRA(96%) |
Factors Impacting IWM price | IWM will decline at least -0.725% in a week (0% probabilities). EDOC(-79%) VXX(-57%) VIXM(-51%) UUP(-33%) TBT(-33%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.2% |
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