ISHARES RUSSELL 2000 BUYWRIT (IWMW) Stock Technical Analysis
USA - NYSEARCA:IWMW - US46438G6952 - ETF
40.52 USD
-0.09 (-0.22%)
Taking everything into account, IWMW scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, IWMW is a bad performer.
77% of all other stocks performed better in the past year than IWMW.
Warning: IWMW has an average volume of 6180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
IWMW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IWMW is lagging the market.
In the last month IWMW has a been trading in a tight range between 39.03 and 40.61.
IWMW has an average technical rating and also the quality of the setup is 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.
More info and screens
37.86
41.03
When analyzing the support we notice one important area.
- A support zone ranging from 38.24 to 40.28. 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 40.53 to 40.62. This zone is formed by a combination of multiple trend lines 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 IWMW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWMW is up. |
| ChartMill Relative Strength | 23.3 | NEGATIVE | IWMW has a low relative strength, it was outperformed by 76.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWMW is above 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) | DOWN | NEGATIVE | The current price of IWMW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.79 | NEUTRAL | The RSI value for IWMW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IWMW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.86 | OVERBOUGHT | The high Stochastics value suggests IWMW may be overbought. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for IWMW suggests low volalility. |
| Average Directional Index/ADX (14) | 19.7 | NEGATIVE | The low ADX value for IWMW 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.63 | 39.59 | 1.04 (2.56%) | 25.00% |
| An entry @40.63. This is a Buy Stop order right above the resistance zone. | An exit @39.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.04 points, which is 2.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:IWMW (9/12/2025, 8:04:00 PM)
40.52
-0.09 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0.65%
2 Weeks-0.01%
1 Month2.5%
3 Month5.11%
6 Month-0.66%
12 Month-11.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.66%
ATR Inc-22.22%
Range Today0.05
ADR(20)0.21
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.3
Mansfield-1.34
10 Day High40.61
10 Day Low39.6
20 Day High40.61
20 Day Low39.03
52 Week High49.18
52 Week Low34.29
CS1 End40.28
CR1 Start40.53
Volume & EV
DER(3)1.4%
DER(5)1.31%
Volume3.60K
Volume Incr1.27%
Vol(5)6.48K
Vol(50)6.18K