| IWM latest price $182.7000 (0.93%) ($181.0220 - $184.2200) on Tue. Dec. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 68 |
Latest Price | $182.7000(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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 -0.8% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) TLT(-2%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.5% |
| |
|
|