| IWM latest price $196.4800 (-0.61%) ($193.7700 - $196.8300) on Thu. Apr. 25, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 34 |
Latest Price | $196.4800(-0.61%) |
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 -1.8% 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 IWM advance at 0% a week (0% probability) IWO(93%) IWN(92%) XBI(89%) SPY(84%) DIA(77%) |
Factors Impacting IWM price | IWM will decline at least -0.645% in a week (0% probabilities). VXX(-56%) VIXM(-49%) GLD(-41%) GDX(-37%) GDXJ(-22%) |
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 | -0.5 () |
Intraday Trend | 0.5% |
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