NEOS RUSSELL 2000 HIGH INC (IWMI) Stock Technical Analysis
NYSEARCA:IWMI - NYSE Arca - US78433H6348 - ETF - Currency: USD
Taking everything into account, IWMI scores 4 out of 10 in our technical rating. In the last year, IWMI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, IWMI is a bad performer in the overall market: 67% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 45.65 and 47.00.
Although the technical rating is only medium, IWMI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 45.75, a Stop Loss order could be placed below this zone.
More info and screens
45.02
47.31
When analyzing the support we notice one important area.
- A support zone ranging from 45.47 to 45.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 46.32 to 46.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for IWMI is neutral. |
| ChartMill Relative Strength | 33.34 | NEUTRAL | IWMI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IWMI is below a declining 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) | 45.93 | NEUTRAL | The RSI value for IWMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IWMI has a negative trend. |
| Stochastics (14,3) | 25.08 | NEUTRAL | The Stochastics value for IWMI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for IWMI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.35 | 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 (7/31/2025, 5:55:14 PM)
45.76
-0.29 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.63%
1 Week-1%
2 Weeks-2.28%
1 Month-0.91%
3 Month5.1%
6 Month-7.76%
12 Month-6.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%1.06%
ATR Inc39.34%
Range Today0.65
ADR(20)0.46
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.34
Mansfield-1.21
10 Day High47
10 Day Low45.65
20 Day High47
20 Day Low45.65
52 Week High53.81
52 Week Low38
CS1 End45.75
CR1 Start46.32
Volume & EV
DER(3)-0.25%
DER(5)-1.34%
Volume108.28K
Volume Incr12.06%
Vol(5)95.05K
Vol(50)82.76K