| IWM latest price $180.8200 (1.87%) ($178.7300 - $181.9900) on Mon. Nov. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 81 |
Latest Price | $180.8200(1.87%) |
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 advances 4.1% a week on average for past two weeks. |
Market Behavior | Value 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) IWN(97%) IWO(97%) IWC(93%) IWD(87%) PAVE(86%) |
Factors Impacting IWM price | IWM will decline at least -0.78% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) EDOC(-9%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.9% |
| |
|
|