| IWM latest price $77.6700 (-0.5%) ($77.5300 - $79.9600) on Mon. Aug. 13, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 40 |
Latest Price | $77.6700(-0.5%) |
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 -0.4% 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) SPY(90%) PEJ(83%) XLY(83%) QQQ(82%) XLK(79%) |
Factors Impacting IWM price | IWM will decline at least -0.64% in a week (0% probabilities). TLT(-34%) SHY(-21%) TIP(-12%) GLD(4%) LQD(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
| |
|
|