| IWM latest price $165.4600 (0.57%) ($163.1000 - $165.6000) on Wed. Nov. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 38 |
Latest Price | $165.4600(0.57%) |
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 declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support IWM advance at 0% a week (0% probability) IWN(98%) IWO(98%) IFRA(93%) ARKG(91%) IWD(90%) |
Factors Impacting IWM price | IWM will decline at least -0.49% in a week (0% probabilities). VXX(-49%) VIXM(-38%) UUP(-37%) TBT(-34%) BNDX(16%) |
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 | -0.49% (StdDev 0.98%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.6% |
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