| IWM latest price $169.5500 (3.62%) ($169.3300 - $178.1000) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 60 |
Latest Price | $169.5500(3.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.7% a day on average for past five trading days. |
Weekly Trend | IWM advances 1.2% 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 -0.74% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-20%) EDOC(-9%) TLT(-2%) |
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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 1.1 () |
Intraday Trend | -4.2% |
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