| IWM latest price $112.5600 (-3.64%) ($110.8700 - $116.0200) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 41 |
Latest Price | $112.5600(-3.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.1% a day on average for past five trading days. |
Weekly Trend | IWM declines -5.7% 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) IWO(97%) IWN(96%) IWC(95%) IWD(89%) IFRA(88%) |
Factors Impacting IWM price | IWM will decline at least -1.79% in a week (0% probabilities). VIXM(-54%) UUP(-26%) VXX(-24%) TLT(-8%) SHY(2%) |
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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.4% |
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