| IWM latest price $197.6800 (-0.45%) ($196.4600 - $198.9100) on Wed. Apr. 24, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 37 |
Latest Price | $197.6800(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.5% a day on average for past five trading days. |
Weekly Trend | IWM declines -2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWO(95%) IWN(93%) XBI(93%) DIA(92%) SPY(88%) |
Factors Impacting IWM price | IWM will decline at least -0.645% in a week (0% probabilities). VXX(-67%) VIXM(-64%) GLD(-58%) UUP(-42%) GDX(-17%) |
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 | 0.3 () |
Intraday Trend | -0.2% |
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