ISHARES RUSSELL 2000 ETF (IWM)
US4642876555 - ETF
Taking everything into account, IWM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IWM is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
IWM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IWM is leading the market.
IWM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IWM has an average volume of 30146800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that IWM is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
IWM has an excellent technical rating, but the quality of the setup is only medium 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
163.27
226.86
We found 3 important support areas.
- A support zone ranging from 204.82 to 207.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 189.48 to 195.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.92 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @224.61 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.4
Mansfield0.25
10 Day High226.64
10 Day Low212.66
20 Day High226.64
20 Day Low199.88
52 Week High226.64
52 Week Low161.67
Performance
1 Week1.2%
2 Weeks4.69%
1 Month10.27%
3 Month11.2%
6 Month12.55%
12 Month12.29%
2 Year17.79%
3 Year-0.22%
5 Year40.89%
10 Year98.37%
15 Year296.92%
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)
Technical Indicators
MACD(12,26,9)0.88
RSI(14)63.34
LBB200.04
UBB230.11
ISHARES RUSSELL 2000 ETF
NYSEARCA:IWM (7/26/2024, 2:40:09 PM)
223.955
+3.39 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.53%
1 Week1.2%
2 Weeks4.69%
1 Month10.27%
3 Month11.2%
6 Month12.55%
12 Month12.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.98
ATR(20)%1.89%
ATR Inc
Range Today3.69
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High226.64
10 Day Low212.66
20 Day High226.64
20 Day Low199.88
52 Week High226.64
52 Week Low161.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume35.27M
Volume Incr25.58%
Vol(5)41.30M
Vol(50)30.15M