Bullish vs. Bearish (68 opinions)
Social Sentiment -0.03
IWM Forecast and Technical Stock Analysis
Buy candidate since 2019-10-15 PDF
iShares Russell 2000 gained 1.15% in the last trading day ( Tuesday, 15th Oct 2019 ), rising from $149.67 to $151.39 During the day the stock fluctuated 1.56% from a day low at $149.79 to a day high of $152.13. The price has risen in 6 of the last 10 days and is up by 2.04% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 6.25 million more shares were traded than the day before. In total, 16.92 million shares bought and sold for approximately $2 561.25 million.
- 30 day high of the IWM stock price was $158.75 and low was $144.93.
- 90 day high was $159.23 and low was $144.25.
- 52 week high for iShares Russell 2000 - $161.11 and low - $125.81.
iShares Russell 2000 lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.02% during the next 3 months and, with 90% probability hold a price between $140.24 and $153.67 at the end of this period.
Only positive signals in the chart today. iShares Russell 2000 holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $148.78 and $151.29. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday October 08, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 42 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
iShares Russell 2000 finds support from accumulated volume at $148.37.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.34 (1.56%) between high and low. For the last week, the stock has had daily average volatility of 1.37%.
Our recommended stop-loss: $143.18 (-5.42%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
1.37 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 68 votes on StockTwits.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!