| IWM latest price $186.8300 (-2.11%) ($186.7700 - $189.9000) on Tue. Sep. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 46 |
Latest Price | $186.8300(-2.11%) |
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 advances 1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(91%) IWD(91%) XRT(89%) |
Factors Impacting IWM price | IWM will decline at least -0.495% in a week (0% probabilities). VXX(-52%) VIXM(-43%) UUP(-36%) TBT(-35%) USO(12%) |
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 | -0.495% (StdDev 0.99%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.5% |
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