| IWM latest price $143.4300 (0.72%) ($142.9300 - $145.6970) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 54 |
Latest Price | $143.4300(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1% a day on average for past five trading days. |
Weekly Trend | IWM advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(87%) PAVE(86%) |
Factors Impacting IWM price | IWM will decline at least -1.325% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-20%) TLT(-4%) IYT(2%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.3% |
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