| IWM latest price $196.1500 (1.52%) ($192.7100 - $196.3700) on Thu. Feb. 8, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 57 |
Latest Price | $196.1500(1.52%) |
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 -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(97%) IWO(97%) IVE(79%) XBI(78%) DIA(75%) |
Factors Impacting IWM price | IWM will decline at least -0.715% in a week (0% probabilities). VXX(-60%) UUP(-58%) VIXM(-51%) GLD(27%) XLE(38%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 2 () |
Intraday Trend | 1.5% |
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