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IWM
ETF ticker:
NYSE ARCA
AS OF
Jun 24 closing price
Price
$175.09
Change
+$5.35 (+3.15%)
Net Assets
53.48B

IWM Price Prediction, iShares Russell 2000 ETF AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 24, 2022

IWM in upward trend: price may jump up because it broke its lower Bollinger Band on June 16, 2022

IWM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 45 of 50 cases where IWM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IWM's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where IWM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IWM advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 10, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on IWM as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for IWM turned negative on June 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

IWM moved below its 50-day moving average on June 08, 2022 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IWM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for IWM entered a downward trend on May 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed
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A.I.Advisor
published price charts
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published Highlights

Notable companies

The most notable companies in this group are Chesapeake Energy Corp (NASDAQ:CHK), ANTERO RESOURCES Corp (NYSE:AR), Southwestern Energy Company (NYSE:SWN), Lattice Semiconductor Corp (NASDAQ:LSCC), Range Resources Corp (NYSE:RRC), AMC Entertainment Holdings (NYSE:AMC), Macy's (NYSE:M), Intra-Cellular Therapies (NASDAQ:ITCI), Synaptics (NASDAQ:SYNA), Livent Corp (NYSE:LTHM).

Industry description

The investment seeks to track the investment results of the Russell 2000® Index, which measures the performance of the small-capitalization sector of the U.S. equity market. The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index (i.e., depositary receipts representing securities of the underlying index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Market Cap

The average market capitalization across the iShares Russell 2000 ETF ETF is 1.34B. The market cap for tickers in the group ranges from 15.26M to 11.73B. OVV holds the highest valuation in this group at 11.73B. The lowest valued company is AFIB at 15.26M.

High and low price notable news

The average weekly price growth across all stocks in the iShares Russell 2000 ETF ETF was 6%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was -21%. CNVY experienced the highest price growth at 140%, while ATHA experienced the biggest fall at -68%.

Volume

The average weekly volume growth across all stocks in the iShares Russell 2000 ETF ETF was 40%. For the same stocks of the ETF, the average monthly volume growth was 182% and the average quarterly volume growth was 170%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 60
Price Growth Rating: 64
SMR Rating: 56
Profit Risk Rating: 79
Seasonality Score: -7 (-100 ... +100)
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published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com

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IWM and

Correlation & Price change

A.I.dvisor indicates that over the last year, IWM has been closely correlated with VTWO. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if IWM jumps, then VTWO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IWM
1D Price
Change %
IWM100%
+3.10%
VTWO - IWM
100%
Closely correlated
+3.08%
SCHA - IWM
100%
Closely correlated
+3.23%
BBSC - IWM
99%
Closely correlated
+2.63%
VB - IWM
99%
Closely correlated
+3.47%
ESML - IWM
98%
Closely correlated
+3.30%
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