| IWO latest price $248.6000 (2.43%) ($245.9300 - $250.1300) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 83 |
Latest Price | $248.6000(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWO advances 1.4% a day on average for past five trading days. |
Weekly Trend | IWO advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IWO advance at 0% a week (0% probability) IWD(98%) IWM(98%) ARKK(95%) XLF(95%) IFRA(94%) |
Factors Impacting IWO price | IWO will decline at least -0.7% in a week (0% probabilities). VXX(-60%) VIXM(-53%) UUP(-31%) BNDX(-5%) TBT(-1%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.6% |
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