| IWM latest price $191.5300 (-0.98%) ($190.2900 - $193.4890) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 74 |
Latest Price | $191.5300(-0.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.7% a day on average for past five trading days. |
Weekly Trend | IWM advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) IFRA(90%) IWD(90%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.59% in a week (0% probabilities). VXX(-54%) VIXM(-45%) TBT(-39%) UUP(-38%) EDOC(7%) |
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 | -0.59% (StdDev 1.18%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.9% |
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