ISHARES RUSSELL 2000 ETF (IWM)

US4642876555 - ETF

198.57  +3.27 (+1.67%)

Premarket: 198.13 -0.44 (-0.22%)

Technical Rating and Analysis

2

Taking everything into account, IWM scores 2 out of 10 in our technical rating. IWM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month IWM has a been trading in the 191.34 - 211.88 range, which is quite wide. It is currently trading near the lows of this range.
IWM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IWM is performing more or less in line with the market.
IWM has an average volume of 36193000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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 64% of all stocks.
Weekly and Daily overview Charts
IWM Weekly chart
IWM Daily chart
Setup Rating and Analysis

6

IWM has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

163.53

212.41

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 192.83 to 196.56. 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 199.60 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.42
Mansfield-0.41
10 Day High202.93
10 Day Low191.34
20 Day High211.88
20 Day Low191.34
52 Week High211.88
52 Week Low161.67
Performance
1 Week1.8%
2 Weeks-3.78%
1 Month-3.39%
3 Month1.32%
6 Month22.42%
12 Month13.34%
2 Year7.36%
3 Year-11.7%
5 Year25.45%
10 Year77.33%
15 Year309.25%
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)-0.76
RSI(14)46.62
LBB189.53
UBB208.44
IWM Daily chart

ISHARES RUSSELL 2000 ETF

NYSEARCA:IWM (4/23/2024, 7:07:07 PM)

Premarket: 198.13 -0.44 (-0.22%)

198.57

+3.27 (+1.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.67%
1 Week1.8%
2 Weeks-3.78%
1 Month-3.39%
3 Month1.32%
6 Month22.42%
12 Month13.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.77
ATR(20)%1.84%
ATR Inc
Range Today4.19
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 High202.93
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)
Volume31.84M
Volume Incr9.48%
Vol(5)36.98M
Vol(50)36.19M