| IWD latest price $119.9700 (-2.21%) ($119.9700 - $123.0600) on Wed. Jun. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.73% (three month average) |
RSI | 74 |
Latest Price | $119.9700(-2.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWD advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWD advances 4.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWD advance at 0% a week (0% probability) IVE(99%) DIA(95%) SDY(94%) IFRA(90%) IWN(90%) |
Factors Impacting IWD price | IWD will decline at least -1.865% in a week (0% probabilities). VIXM(-56%) UUP(-30%) VXX(-21%) TLT(-9%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.865% (StdDev 3.73%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
| |
|
|