NEOS RUSSELL 2000 HIGH INC (IWMI) Stock Technical Analysis
NYSEARCA:IWMI - NYSE Arca - US78433H6348 - ETF - Currency: USD
Overall IWMI gets a technical rating of 6 out of 10. IWMI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than IWMI.
The long and short term trends are both positive. This is looking good!
IWMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IWMI is lagging the market.
In the last month IWMI has a been trading in a tight range between 43.19 and 45.65.
IWMI 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
44.42
51.09
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.02 to 45.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.32 from a horizontal line in the daily time frame.
- Resistance @50.58 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 | UP | POSITIVE | The long term trend for IWMI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWMI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IWMI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IWMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for IWMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IWMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.34 | NEUTRAL | The Stochastics value for IWMI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for IWMI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for IWMI 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:IWMI (6/17/2025, 1:01:23 PM)
44.87
-0.22 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-0.29%
2 Weeks1.92%
1 Month0.02%
3 Month-0.49%
6 Month-9.11%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.22%
ATR Inc58.02%
Range Today0.22
ADR(20)0.46
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High45.65
10 Day Low44.2
20 Day High45.65
20 Day Low43.19
52 Week High53.81
52 Week Low38
CS1 End45.02
CR1 Start45.1
Volume & EV
DER(3)-3.22%
DER(5)-2.12%
Volume87.28K
Volume Incr41.37%
Vol(5)96.52K
Vol(50)74.96K