ISHARES RUSSELL 2000 ETF (IWM) Stock Technical Analysis
NYSEARCA:IWM - NYSE Arca - US4642876555 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to IWM. IWM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, IWM is a bad performer in the overall market: 65% of all stocks are doing better.
IWM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
IWM has an average volume of 37788600 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 171.73 - 206.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IWM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 189.35, a Stop Loss order could be placed below this zone.
More info and screens
179.37
227.94
We found 2 important support areas.
- A support zone ranging from 185.71 to 189.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 181.18 to 181.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 207.27 to 208.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @214.46 from a trend line in the daily time frame.
- A resistance zone ranging from 224.60 to 225.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.21
Mansfield-0.64
10 Day High195.51
10 Day Low176.98
20 Day High206.35
20 Day Low171.73
52 Week High244.98
52 Week Low171.73
Performance
1 Week4.91%
2 Weeks2.31%
1 Month-5.61%
3 Month-15.14%
6 Month-11.34%
12 Month-2.17%
2 Year10.76%
3 Year4.93%
5 Year48.92%
10 Year60.14%
15 Year170.84%
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)1.53
RSI(14)51.13
LBB175.64
UBB194.44
194.06
+3.81 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2%
1 Week4.91%
2 Weeks2.31%
1 Month-5.61%
3 Month-15.14%
6 Month-11.34%
12 Month-2.17%
2 Year10.76%
3 Year4.93%
5 Year48.92%
10 Year60.14%
15 Year170.84%
Volatility
ATR(14)8.81
ATR(20)%4.15%
ATR Inc-33.12%
Range Today4.48
ADR(20)6.91
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.21
Mansfield-0.64
10 Day High195.51
10 Day Low176.98
20 Day High206.35
20 Day Low171.73
52 Week High244.98
52 Week Low171.73
CS1 End189.35
CR1 Start207.27
Volume & EV
DER(3)-0.8%
DER(5)-0.27%
Volume29.82M
Volume Incr-23.52%
Vol(5)35.22M
Vol(50)37.79M