ISHARES RUSSELL 2000 ETF (IWM)
US4642876555 - ETF
Taking everything into account, IWM scores 2 out of 10 in our technical rating. IWM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IWM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
IWM has an average volume of 34805500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, IWM outperforms 62% of them, which is more or less in line with the market.
IWM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IWM is lagging the market slightly.
IWM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 199.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 195.65, a Stop Loss order could be placed below this zone.
More info and screens
163.53
212.41
We found 3 important support areas.
- A support zone ranging from 192.83 to 195.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @189.48 from a horizontal line in the daily time frame.
- Support @165.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 199.31 to 204.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 210.31 to 210.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.67
Mansfield-0.47
10 Day High201.91
10 Day Low191.34
20 Day High211.88
20 Day Low191.34
52 Week High211.88
52 Week Low161.67
Performance
1 Week1.89%
2 Weeks-2.87%
1 Month-6.28%
3 Month0.26%
6 Month21.13%
12 Month12.15%
2 Year6.23%
3 Year-12.63%
5 Year24.13%
10 Year75.46%
15 Year304.95%
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)-0.33
RSI(14)42.85
LBB189.46
UBB206.5
ISHARES RUSSELL 2000 ETF
NYSEARCA:IWM (4/25/2024, 6:22:01 PM)
After market: 195.89 -0.59 (-0.3%)196.48
-1.2 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.61%
1 Week1.89%
2 Weeks-2.87%
1 Month-6.28%
3 Month0.26%
6 Month21.13%
12 Month12.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.64
ATR(20)%1.84%
ATR Inc
Range Today3.06
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 High201.91
10 Day Low191.34
20 Day High211.88
20 Day Low191.34
52 Week High211.88
52 Week Low161.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume31.88M
Volume Incr-1.48%
Vol(5)33.24M
Vol(50)34.81M