| IWM latest price $56.5400 (-1%) ($56.0000 - $57.1700) on Wed. Aug. 5, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 82 |
Latest Price | $56.5400(-1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.6% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.6% 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(89%) PEJ(85%) XLY(81%) QQQ(79%) EWG(76%) |
Factors Impacting IWM price | IWM will decline at least -0.905% in a week (0% probabilities). TLT(-32%) SHY(-12%) TIP(-6%) IGOV(4%) GLD(6%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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