| IWM latest price $188.9400 (0.38%) ($187.3300 - $189.6100) on Wed. Aug. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 43 |
Latest Price | $188.9400(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 0.3% a day on average for past five trading days. |
Weekly Trend | IWM declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IFRA(91%) IWD(91%) PAVE(88%) |
Factors Impacting IWM price | IWM will decline at least -0.53% in a week (0% probabilities). VXX(-54%) VIXM(-46%) UUP(-40%) TBT(-36%) IGOV(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.53% (StdDev 1.06%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
| |
|
|