| IWM latest price $143.0900 (3.11%) ($137.3300 - $143.5000) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 69 |
Latest Price | $143.0900(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.9% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.5% 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) IWN(96%) IWO(96%) IWC(94%) IWD(88%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -2.17% in a week (0% probabilities). VIXM(-50%) UUP(-26%) VXX(-22%) TLT(-7%) 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 | -2.17% (StdDev 4.34%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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