| IWM latest price $154.8200 (0.95%) ($153.8400 - $156.8500) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 48 |
Latest Price | $154.8200(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.4% a day on average for past five trading days. |
Weekly Trend | IWM declines -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -0.695% in a week (0% probabilities). VIXM(-47%) UUP(-26%) VXX(-20%) IGOV(-6%) EDOC(-5%) |
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 | -0.695% (StdDev 1.39%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.5% |
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