| IWO latest price $262.7700 (-0.73%) ($261.8900 - $264.4200) on Wed. Feb. 28, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 63 |
Latest Price | $262.7700(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IWO advances 0.8% a day on average for past five trading days. |
Weekly Trend | IWO advances 1.3% 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(96%) IWN(85%) SPY(80%) DIA(74%) XBI(74%) |
Factors Impacting IWO price | IWO will decline at least -0.735% in a week (0% probabilities). VXX(-68%) VIXM(-58%) UUP(-49%) GLD(20%) XLE(25%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0% |
| |
|
|