| IWM latest price $153.0900 (1.94%) ($151.6300 - $153.3900) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 78 |
Latest Price | $153.0900(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.8% a day on average for past five trading days. |
Weekly Trend | IWM advances 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 -2.135% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.135% (StdDev 4.27%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.5% |
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