| IWM latest price $144.8000 (2.41%) ($143.1100 - $146.0700) on Wed. Jun. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 82 |
Latest Price | $144.8000(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 5.3% 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 -2.14% in a week (0% probabilities). VIXM(-49%) UUP(-25%) VXX(-22%) TLT(-7%) SHY(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.14% (StdDev 4.28%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
| |
|
|