| IWF latest price $261.3200 (1.13%) ($257.4300 - $261.9900) on Thu. Jun. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 71 |
Latest Price | $261.3200(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWF advances 0.9% a day on average for past five trading days. |
Weekly Trend | IWF advances 1.9% 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 IWF advance at 0% a week (0% probability) IVW(98%) QQQ(98%) SPY(94%) XLK(94%) XLC(86%) |
Factors Impacting IWF price | IWF will decline at least -0.5% in a week (0% probabilities). VXX(-66%) VIXM(-62%) UUP(-29%) TBT(-28%) EDOC(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.2% |
| |
|
|