| IWM latest price $162.7500 (1.03%) ($158.8100 - $163.1800) on Thu. Oct. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 86 |
Latest Price | $162.7500(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.1% a day on average for past five trading days. |
Weekly Trend | IWM advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal 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 -0.645% in a week (0% probabilities). VIXM(-47%) UUP(-25%) VXX(-20%) EDOC(-7%) IGOV(-6%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.2% |
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