We assign a technical rating of 3 out of 10 to IWMW. Recently some decent action could be observed, but in the medium term time frame this is still negative. IWMW was also a bad performer in the overall market in the last year.
Although the technical rating is bad, IWMW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.49, a Stop Loss order could be placed below this zone.
37.86
We found 1 important support area.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for IWMW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IWMW is neutral. |
| ChartMill Relative Strength | 23.8 | NEGATIVE | IWMW has a low relative strength, it was outperformed by 76.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IWMW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWMW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWMW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.33 | NEUTRAL | The RSI value for IWMW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IWMW has a negative trend. |
| Stochastics (14,3) | 38.09 | NEUTRAL | The Stochastics value for IWMW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for IWMW suggests low volalility. |
| Average Directional Index/ADX (14) | 12.37 | NEGATIVE | The low ADX value for IWMW suggests a weak or negative trend. |
NYSEARCA:IWMW (2/2/2026, 8:15:51 PM)
39.6
+0.3 (+0.75%)
ChartMill assigns a technical rating of 3 / 10 to IWMW.
The current trend direction for ISHARES RUSSELL 2000 BUYWRIT (IWMW) is Bearish.
ISHARES RUSSELL 2000 BUYWRIT (IWMW) has an RSI value of 49.333. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES RUSSELL 2000 BUYWRIT (IWMW) has a value of -0.0344803, indicating a bearish trend.
The short term momentum for ISHARES RUSSELL 2000 BUYWRIT (IWMW) is neutral.