IWM Price Prediction, iShares Russell 2000 ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
IWM in upward trend: price rose above 50-day moving average on May 26, 2023
IWM moved above its 50-day moving average on May 26, 2023 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 16, 2023. You may want to consider a long position or call options on IWM as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IWM just turned positive on May 10, 2023. Looking at past instances where IWM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for IWM crossed bullishly above the 50-day moving average on May 22, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
IWM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where IWM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for IWM moved below the 200-day moving average on April 26, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an 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 09, 2023. 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)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GGLS | 20.10 | 0.13 | +0.65% |
| Direxion Daily GOOGL Bear 1X ETF | |||
| IGM | 375.92 | 1.74 | +0.47% |
| iShares Expanded Tech Sector ETF | |||
| ZECP | 23.83 | -0.03 | -0.13% |
| Zacks Earnings Consistent ETF | |||
| DMXF | 59.91 | -0.57 | -0.94% |
| iShares ESG Advanced MSCI EAFE ETF | |||
| GBUY | 26.76 | -0.30 | -1.11% |
| Goldman Sachs Future Consumer Equity ETF | |||
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.
| Ticker / NAME | Correlation To IWM | 1D Price Change % | ||
|---|---|---|---|---|
| IWM | 100% | -0.37% | ||
| VTWO - IWM | 100% Closely correlated | -0.31% | ||
| SCHA - IWM | 100% Closely correlated | -0.17% | ||
| VB - IWM | 99% Closely correlated | -0.06% | ||
| PRFZ - IWM | 99% Closely correlated | -0.42% | ||
| NUSC - IWM | 99% Closely correlated | -0.09% | ||
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