| IWM latest price $193.6100 (1.09%) ($191.1400 - $194.3600) on Mon. Jul. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 75 |
Latest Price | $193.6100(1.09%) |
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 advances 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(90%) IFRA(89%) PAVE(87%) |
Factors Impacting IWM price | IWM will decline at least -0.59% in a week (0% probabilities). VXX(-53%) VIXM(-45%) UUP(-38%) TBT(-38%) IGOV(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
| |
|
|