| IWM latest price $116.8100 (6.22%) ($111.2000 - $117.6000) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 38 |
Latest Price | $116.8100(6.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.5% a day on average for past five trading days. |
Weekly Trend | IWM declines -8.6% 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) IWO(97%) IWN(96%) IWC(94%) IWD(89%) IFRA(88%) |
Factors Impacting IWM price | IWM will decline at least -1.78% in a week (0% probabilities). VIXM(-53%) UUP(-25%) VXX(-24%) TLT(-10%) SHY(1%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.8% |
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