ISHARES RUSSELL 2000 ETF (IWM)

US4642876555 - ETF

230.93  +0.3 (+0.13%)

Premarket: 230.05 -0.88 (-0.38%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to IWM. Both in the recent history as in the last year, IWM has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IWM is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by IWM over the past year are nicely spread over this period.
IWM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IWM is lagging the market slightly.
IWM has an average volume of 26313200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IWM has a been trading in the 217.63 - 242.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IWM Weekly chart
IWM Daily chart
Setup Rating and Analysis

5

IWM has an excellent technical rating, but 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.

Support and Resistance Analysis

196.73

236.31

We found 4 important support areas.

  • A support zone ranging from 222.84 to 224.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @216.13 from a horizontal line in the daily time frame.
  • Support @204.44 from a horizontal line in the daily time frame.
  • A support zone ranging from 198.72 to 198.72. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 231.40 to 233.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.49
Mansfield-0.04
10 Day High242.39
10 Day Low226.4
20 Day High242.39
20 Day Low217.63
52 Week High242.39
52 Week Low177.2
Performance
1 Week-1.78%
2 Weeks-2.65%
1 Month5.33%
3 Month4.79%
6 Month12.41%
12 Month28.77%
2 Year23.25%
3 Year5.85%
5 Year42.75%
10 Year97.9%
15 Year297.54%
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)-0.41
RSI(14)55.34
LBB218.24
UBB244.64
IWM Daily chart

ISHARES RUSSELL 2000 ETF

NYSEARCA:IWM (11/20/2024, 8:04:00 PM)

Premarket: 230.05 -0.88 (-0.38%)

230.93

+0.3 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-1.78%
2 Weeks-2.65%
1 Month5.33%
3 Month4.79%
6 Month12.41%
12 Month28.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.69
ATR(20)%1.86%
ATR Inc
Range Today2.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High242.39
10 Day Low226.4
20 Day High242.39
20 Day Low217.63
52 Week High242.39
52 Week Low177.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.22M
Volume Incr12.25%
Vol(5)29.37M
Vol(50)26.31M