ISHARES RUSSELL 2000 ETF (IWM) Stock Technical Analysis
NYSEARCA:IWM - NYSE Arca - US4642876555 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to IWM. IWM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IWM has a been trading in the 199.65 - 215.93 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
IWM has an average volume of 36852200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, IWM turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
IWM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IWM is lagging the market.
IWM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
181.88
226.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 202.55 to 209.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @183.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @212.96 from a trend line in the daily time frame.
- Resistance @223.97 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IWM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWM is up. |
| ChartMill Relative Strength | 59.95 | NEUTRAL | IWM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IWM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.26 | NEUTRAL | The RSI value for IWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests IWM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.25 | OVERBOUGHT | The high Stochastics value suggests IWM may be overbought. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for IWM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.69 | NEGATIVE | The low ADX value for IWM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:IWM (6/12/2025, 9:47:07 AM)
211.95
-1.68 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week2.49%
2 Weeks3.95%
1 Month2.4%
3 Month5.29%
6 Month-8.34%
12 Month7.5%
2 Year14.08%
3 Year26.14%
5 Year49.2%
10 Year71.1%
15 Year249.53%
Volatility
ATR(14)3.03
ATR(20)%1.43%
ATR Inc-28.01%
Range Today0.67
ADR(20)2.71
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.95
Mansfield-0.52
10 Day High215.93
10 Day Low202.67
20 Day High215.93
20 Day Low199.65
52 Week High244.98
52 Week Low171.73
CS1 End212.96
CR1 Start223.97
Volume & EV
DER(3)-0.83%
DER(5)-0.33%
Volume3.19M
Volume Incr11.35%
Vol(5)32.64M
Vol(50)36.85M