| IWM latest price $123.0700 (-0.81%) ($122.7700 - $124.2500) on Wed. Aug. 24, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 65 |
Latest Price | $123.0700(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(97%) IWO(97%) IWC(95%) IWD(89%) IVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.525% in a week (0% probabilities). VIXM(-22%) TLT(-20%) UUP(-15%) IPO(-6%) IGOV(-5%) |
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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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