IWR iShares Russell Mid-Cap ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Russell Midcap Index, which measures the performance of the mid-capitalization sector of the U... Show more
IWR in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 03, 2025
IWR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where IWR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IWR's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on IWR as a result. In of 78 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 IWR just turned positive on April 16, 2025. Looking at past instances where IWR's MACD turned positive, the stock continued to rise in of 44 cases 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 IWR advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 50-day moving average for IWR moved below the 200-day moving average on April 11, 2025. 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 IWR 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 IWR entered a downward trend on April 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MidCapBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| PILL | 4.85 | 0.13 | +2.75% |
| Direxion Daily Phrmctcl&MdclBl3XShrsETF | |||
| QQMG | 30.90 | 0.69 | +2.28% |
| Invesco ESG NASDAQ 100 ETF | |||
| ZECP | 28.99 | 0.35 | +1.22% |
| Zacks Earnings Consistent ETF | |||
| IGE | 41.59 | -0.12 | -0.29% |
| iShares North American Natural Res ETF | |||
| VNQI | 42.35 | -0.38 | -0.89% |
| Vanguard Global ex-US Real Est ETF | |||
IWR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IWR has been closely correlated with IMCB. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IWR jumps, then IMCB could also see price increases.
| Ticker / NAME | Correlation To IWR | 1D Price Change % | ||
|---|---|---|---|---|
| IWR | 100% | +1.23% | ||
| IMCB - IWR | 99% Closely correlated | +1.22% | ||
| JHMM - IWR | 99% Closely correlated | +1.30% | ||
| EUSA - IWR | 99% Closely correlated | +0.98% | ||
| VO - IWR | 99% Closely correlated | +1.11% | ||
| AVMC - IWR | 99% Closely correlated | +1.41% | ||
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