| IWM latest price $147.0300 (3.67%) ($144.7900 - $147.7800) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 63 |
Latest Price | $147.0300(3.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.7% a day on average for past five trading days. |
Weekly Trend | IWM advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(93%) IWD(87%) PAVE(86%) |
Factors Impacting IWM price | IWM will decline at least -1.25% in a week (0% probabilities). VIXM(-47%) UUP(-26%) VXX(-20%) TLT(-5%) IYT(1%) |
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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.1% |
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