| IWM latest price $176.1200 (2.23%) ($172.1600 - $176.5000) on Wed. May. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 55 |
Latest Price | $176.1200(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.2% a day on average for past five trading days. |
Weekly Trend | IWM advances 0.1% 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%) IFRA(89%) IWD(89%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.675% in a week (0% probabilities). VXX(-53%) VIXM(-46%) UUP(-33%) TBT(-28%) BNDX(2%) |
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 | -0.675% (StdDev 1.35%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.6% |
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