| IWM latest price $163.9600 (0.86%) ($162.2500 - $165.1000) on Thu. Dec. 12, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 74 |
Latest Price | $163.9600(0.86%) |
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 advances 0.8% 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 IWM advance at 0% a week (0% probability) IWN(97%) IWO(97%) IWC(95%) IWD(90%) PAVE(90%) |
Factors Impacting IWM price | IWM will decline at least -0.385% in a week (0% probabilities). VIXM(-60%) VXX(-29%) TLT(-17%) UUP(-13%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.385% (StdDev 0.77%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.7% |
| |
|
|