| IWM latest price $198.5700 (1.67%) ($195.1300 - $199.3200) on Tue. Apr. 23, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 35 |
Latest Price | $198.5700(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.4% a day on average for past five trading days. |
Weekly Trend | IWM declines -2.6% 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) IWO(97%) IWN(96%) SPY(91%) DIA(88%) TAN(83%) |
Factors Impacting IWM price | IWM will decline at least -0.645% in a week (0% probabilities). VXX(-72%) VIXM(-61%) UUP(-58%) GLD(-9%) GDX(20%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.7% |
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