| IWM latest price $139.7000 (-2.37%) ($137.5800 - $144.7400) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 64 |
Latest Price | $139.7000(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.8% a day on average for past five trading days. |
Weekly Trend | IWM advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal 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(88%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -2.175% in a week (0% probabilities). VIXM(-50%) UUP(-25%) VXX(-22%) TLT(-7%) 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 | -2.175% (StdDev 4.35%) |
Hourly BBV | -0.1 () |
Intraday Trend | -3.5% |
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