| IWM latest price $204.3900 (2.64%) ($200.7200 - $204.7650) on Thu. Feb. 15, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 58 |
Latest Price | $204.3900(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.8% a day on average for past five trading days. |
Weekly Trend | IWM advances 1.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(97%) IWO(97%) XBI(81%) IVE(77%) DIA(75%) |
Factors Impacting IWM price | IWM will decline at least -0.72% in a week (0% probabilities). VXX(-60%) UUP(-54%) VIXM(-47%) GLD(21%) XLE(29%) |
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 | 1.7 () |
Intraday Trend | 1.7% |
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