| IWM latest price $197.0400 (-0.84%) ($195.9500 - $199.5500) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 81 |
Latest Price | $197.0400(-0.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWM advances 1.1% a day on average for past five trading days. |
Weekly Trend | IWM advances 3.5% 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%) ARKK(97%) EWP(96%) IWD(96%) |
Factors Impacting IWM price | IWM will decline at least -0.72% in a week (0% probabilities). VXX(-57%) VIXM(-51%) UUP(-32%) TBT(-23%) EDOC(-13%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1% |
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