| IWM latest price $188.2000 (2.33%) ($185.0200 - $188.4500) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 77 |
Latest Price | $188.2000(2.33%) |
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 2% a week on average for past two weeks. |
Market Behavior | Broad based 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%) TLT(-1%) IGOV(-0%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.7% |
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