| IWM latest price $156.8800 (-0.58%) ($156.1600 - $159.8200) on Tue. Aug. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 68 |
Latest Price | $156.8800(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.8% a day on average for past five trading days. |
Weekly Trend | IWM advances 3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -1.075% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-20%) EDOC(-4%) TLT(-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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.5% |
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