ISHARES RUSSELL 2000 ETF (IWM) Stock Technical Analysis
NYSEARCA:IWM - American Stock Exchange - US4642876555 - ETF - Currency: USD
Taking everything into account, IWM scores 5 out of 10 in our technical rating. In the last year, IWM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month IWM has a been trading in the 213.97 - 230.23 range, which is quite wide. It is currently trading near the high of this range.
IWM has an average volume of 26459700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 67% of all stocks.
IWM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IWM is lagging the market.
Although the technical rating is only medium, IWM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 226.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 225.95, a Stop Loss order could be placed below this zone.
More info and screens
213.97
244.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 223.98 to 225.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 216.13 to 219.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 226.96 to 229.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 241.88 to 242.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.24
Mansfield-0.3
10 Day High230.23
10 Day Low222.71
20 Day High230.23
20 Day Low213.97
52 Week High244.98
52 Week Low190.06
Performance
1 Week-0.9%
2 Weeks2.96%
1 Month1.73%
3 Month3.31%
6 Month8.29%
12 Month16.37%
2 Year18.15%
3 Year12.42%
5 Year40.93%
10 Year95.53%
15 Year276.36%
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)50.34
LBB216.4
UBB232.9
ISHARES RUSSELL 2000 ETF
NYSEARCA:IWM (1/29/2025, 8:04:00 PM)
After market: 227.11 +0.88 (+0.39%)226.23
-0.52 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week-0.9%
2 Weeks2.96%
1 Month1.73%
3 Month3.31%
6 Month8.29%
12 Month16.37%
2 Year18.15%
3 Year12.42%
5 Year40.93%
10 Year95.53%
15 Year276.36%
Volatility
ATR(14)3.53
ATR(20)%1.63%
ATR Inc-18.22%
Range Today3.64
ADR(20)3.22
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.24
Mansfield-0.3
10 Day High230.23
10 Day Low222.71
20 Day High230.23
20 Day Low213.97
52 Week High244.98
52 Week Low190.06
CS1 End225.95
CR1 Start226.96
Volume & EV
DER(3)-0.61%
DER(5)0.09%
Volume20.28M
Volume Incr-23.38%
Vol(5)20.90M
Vol(50)26.46M