| IWM latest price $149.7600 (1.63%) ($147.2200 - $149.9700) on Mon. Aug. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 69 |
Latest Price | $149.7600(1.63%) |
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 advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.095% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
| |
|
|