| IWM latest price $118.0700 (4.56%) ($113.5500 - $119.2400) on Wed. Apr. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 64 |
Latest Price | $118.0700(4.56%) |
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 advances 2.7% 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%) PAVE(88%) |
Factors Impacting IWM price | IWM will decline at least -1.93% in a week (0% probabilities). VIXM(-53%) UUP(-26%) VXX(-23%) TLT(-10%) SHY(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.8% |
| |
|
|