| IWM latest price $171.7900 (0.9%) ($167.4550 - $172.1050) on Fri. Mar. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 29 |
Latest Price | $171.7900(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.1% 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 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%) IWD(89%) IFRA(88%) IWC(88%) |
Factors Impacting IWM price | IWM will decline at least -0.71% in a week (0% probabilities). VXX(-59%) VIXM(-51%) UUP(-28%) SHY(-14%) TBT(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.8% |
| |
|
|