| IWO latest price $220.7400 (-1.5%) ($219.7700 - $223.6000) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 72 |
Latest Price | $220.7400(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWO advances 1% a day on average for past five trading days. |
Weekly Trend | IWO advances 2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IWO advance at 0% a week (0% probability) IWM(98%) IFRA(93%) IWN(92%) IWD(91%) VFMO(91%) |
Factors Impacting IWO price | IWO will decline at least -0.65% in a week (0% probabilities). VXX(-54%) VIXM(-42%) UUP(-37%) TBT(-23%) BNDX(7%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.1% |
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