| IWM latest price $200.7600 (-1.61%) ($200.7100 - $204.0300) on Fri. Dec. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 72 |
Latest Price | $200.7600(-1.61%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(97%) IWO(97%) IVE(75%) XBI(75%) SPY(73%) |
Factors Impacting IWM price | IWM will decline at least -0.745% in a week (0% probabilities). VXX(-61%) UUP(-58%) VIXM(-55%) XLE(32%) GLD(33%) |
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 | -0.745% (StdDev 1.49%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.4% |
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