| IWM latest price $176.2400 (-3.5%) ($175.1000 - $181.4100) on Wed. May. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 38 |
Latest Price | $176.2400(-3.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.6% a day on average for past five trading days. |
Weekly Trend | IWM declines -3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IWC(94%) IWD(92%) PAVE(90%) |
Factors Impacting IWM price | IWM will decline at least -0.955% in a week (0% probabilities). VIXM(-28%) UUP(-22%) VXX(-9%) TBT(-8%) SHY(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.955% (StdDev 1.91%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.3% |
| |
|
|