Mid-Term iShares RUSSELL 2000 INDEX (IWM) Sentiment Analysis


This is an example only of the technical analysis that could be used in an automated trading system. we do not use exact model, yet, principles of analysis and generating trading signals are similar.

IndicatorLastSentiment*
IWM 20-day Moving Average198.18 Bullish
IWM 50-day Moving Average202.18 Bearish
IWM MACD (12,26)-2.87 MACD sentiment is Bullish
IWM MACD Signal-4.89
IWM MACD Histogram2.02
IWM 50-day Raw Stochastics51.29 Bearish, yet close to become Bullish
IWM Stochastics %K(50)38.98
IWM Stochastics %D(50)32.41
IWM RSI, Relative Strength Index (20)62.59Bullish
IWM Average Gain1.08
IWM Average Loss0.65
IWM MFI, Money Flow Index (14)50.88 Bullish
IWM Positive Money Flow42,526 M
IWM Negative Money Flow41,058 M
IWM 20-day Volume Oscillator1.38Extremely Bearish Volume
IWM Percentage Volume Oscillator37.91
IWM MV Oscillator-37.91
IWM 20-day Average True Range (ATR)3.65Bearish
1.5
IWM 14-day Standard Deviation2.71
IWM 14-day Relative Deviation1.38 %
IWM Annualized Volatility21.84
IWM Overall Mid-Term Sentiment
1.5 (Bullish, Weak)

About iShares RUSSELL 2000 INDEX (IWM) Sentiment

The iShares RUSSELL 2000 INDEX sentiment above is 100% mechanical and based on the IWM technical indicators. The iShares RUSSELL 2000 INDEX sentiment is measured in the frame from minus 12 to plus 12 where IWM sentiment below minus 10 and above pus 10 is associated as oversold and overbought sentiment respectfully. Yet, the iShares RUSSELL 2000 INDEX overbought and oversold readings may not necessary signal coming reversal, but rather indicate that the IWM stock is predisposed to a reversal.

Our trading signals in the members' area are not based on the same trading system. Therefore the trading signals may not necessary go along with sentiment you see in the table above.

About iShares RUSSELL 2000 INDEX (IWM) Stock

IWM tracks the Russell 2000 Index. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of that Index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. IWM fund belons to the "Small Cap Blend Equities" stock marketsector. This exchange traded fund was lunched on Monday, May 22, 2000.

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