| IWM latest price $123.7200 (4.79%) ($121.3250 - $124.6100) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 70 |
Latest Price | $123.7200(4.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.9% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.96% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.96% (StdDev 3.92%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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