| IWM latest price $125.1400 (-3.97%) ($123.2900 - $127.4600) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 56 |
Latest Price | $125.1400(-3.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.4% a day on average for past five trading days. |
Weekly Trend | IWM advances 4.2% 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) IWN(96%) IWO(96%) IWC(94%) IWD(89%) PAVE(88%) |
Factors Impacting IWM price | IWM will decline at least -2.08% in a week (0% probabilities). VIXM(-51%) UUP(-25%) VXX(-23%) 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 | -2.08% (StdDev 4.16%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.6% |
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