| IWM latest price $142.4000 (0.41%) ($141.8910 - $145.2800) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 58 |
Latest Price | $142.4000(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.3% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.1% 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(93%) IWD(88%) PAVE(86%) |
Factors Impacting IWM price | IWM will decline at least -1.405% in a week (0% probabilities). VIXM(-47%) UUP(-25%) VXX(-21%) TLT(-5%) 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.5% |
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