| IWM latest price $197.7100 (-0.85%) ($197.1000 - $198.9300) on Tue. Jan. 30, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 55 |
Latest Price | $197.7100(-0.85%) |
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 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(97%) IWO(97%) XBI(79%) IVE(78%) DIA(75%) |
Factors Impacting IWM price | IWM will decline at least -0.72% in a week (0% probabilities). VXX(-57%) UUP(-55%) VIXM(-50%) GLD(27%) XLE(34%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.3% |
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