| IWO latest price $259.4400 (-1.55%) ($259.2200 - $262.4200) on Fri. Feb. 16, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 56 |
Latest Price | $259.4400(-1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWO advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWO advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWO advance at 0% a week (0% probability) IWM(97%) IWN(89%) XBI(79%) SPY(78%) DIA(74%) |
Factors Impacting IWO price | IWO will decline at least -0.715% in a week (0% probabilities). VXX(-67%) UUP(-55%) VIXM(-53%) GLD(22%) XLE(29%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.7% |
| |
|
|