| IWM latest price $195.0800 (0.06%) ($193.0800 - $195.3750) on Wed. Jan. 10, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 41 |
Latest Price | $195.0800(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.1% a day on average for past five trading days. |
Weekly Trend | IWM declines -1.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWO(98%) IWN(97%) IVE(78%) XBI(77%) DIA(76%) |
Factors Impacting IWM price | IWM will decline at least -0.755% in a week (0% probabilities). VXX(-58%) UUP(-55%) VIXM(-53%) XLE(28%) GLD(28%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.2% |
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