| IWM latest price $184.3700 (0.42%) ($183.2200 - $184.4900) on Fri. Nov. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 83 |
Latest Price | $184.3700(0.42%) |
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 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -0.79% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) EDOC(-9%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.79% (StdDev 1.58%) |
Hourly BBV | -3.1 () |
Intraday Trend | 0.3% |
| |
|
|