| IWM latest price $175.0900 (3.1%) ($170.9000 - $175.1000) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 36 |
Latest Price | $175.0900(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.3% a day on average for past five trading days. |
Weekly Trend | IWM declines -4.8% 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(98%) IWO(98%) IWC(93%) IWD(92%) PAVE(89%) |
Factors Impacting IWM price | IWM will decline at least -1.005% in a week (0% probabilities). VIXM(-22%) UUP(-18%) TBT(-10%) VXX(-8%) SHY(5%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
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