| IWM latest price $164.8800 (-1.23%) ($164.4000 - $166.3600) on Fri. Feb. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.7% (three month average) |
RSI | 38 |
Latest Price | $164.8800(-1.23%) |
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 -0.5% 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(90%) PAVE(90%) |
Factors Impacting IWM price | IWM will decline at least -0.35% in a week (0% probabilities). VIXM(-60%) VXX(-29%) TLT(-16%) UUP(-13%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.35% (StdDev 0.7%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.8% |
| |
|
|