| IWM latest price $193.9800 (-0.36%) ($192.9600 - $195.2100) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 71 |
Latest Price | $193.9800(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.5% a day on average for past five trading days. |
Weekly Trend | IWM advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.76% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) IGOV(-5%) TLT(-1%) |
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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.6% |
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