| IWM latest price $140.9900 (-0.52%) ($139.8400 - $144.5100) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 53 |
Latest Price | $140.9900(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.4% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.6% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-22%) TLT(-6%) 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 | -1.6% (StdDev 3.2%) |
Hourly BBV | -1 () |
Intraday Trend | -2.4% |
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