| IWM latest price $149.3500 (2.2%) ($146.9800 - $149.4490) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 72 |
Latest Price | $149.3500(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 1.9% 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) IWO(97%) IWN(96%) IWC(93%) IWD(87%) PAVE(86%) |
Factors Impacting IWM price | IWM will decline at least -1.155% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-20%) TLT(-4%) IGOV(-4%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 2 () |
Intraday Trend | 1.6% |
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