| IWM latest price $150.2600 (-1.85%) ($149.0600 - $151.7700) on Tue. Jun. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 81 |
Latest Price | $150.2600(-1.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(88%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -2.045% in a week (0% probabilities). VIXM(-50%) UUP(-26%) 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 | -2.045% (StdDev 4.09%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.4% |
| |
|
|