| IWM latest price $120.3700 (-2.71%) ($119.1150 - $123.5100) on Mon. Apr. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 70 |
Latest Price | $120.3700(-2.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 2.8% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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(94%) IWD(89%) PAVE(88%) |
Factors Impacting IWM price | IWM will decline at least -1.98% in a week (0% probabilities). VIXM(-52%) UUP(-25%) VXX(-23%) TLT(-9%) SHY(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.98% (StdDev 3.96%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2% |
| |
|
|