IWM is moving sideways with no clear trend
-17
BearishSidewaysBullish
Why this reading
- The 50-day average is falling (-0.15%/day).
- Recent swings show lower highs and lower lows.
- Price is below its 50-day average ($284.38).
- MACD momentum is improving and the MACD line is below zero.
- Price is above its 200-day average ($277.59).
- 50-day average is above the 200-day (long-term structure is up).
Price chart
Lower pane: RSI (14) with 70 and 30 marked. Arrows mark candlestick patterns.
Indicators
| Indicator | Value | Reading | What it means |
|---|---|---|---|
| Moving averages | Mixed | Neutral | 20-day $277.52, 50-day $284.38, 200-day $277.59 |
| RSI (14) | 58.9 | Bullish | Buyers have the upper hand. |
| MACD (12,26,9) | +1.46 | Bullish | MACD is above its signal line. |
| Bollinger %B | 0.96 | Neutral | Bands are tight (5.2%) — a volatility squeeze often precedes a bigger move. |
| Volatility (ATR 14) | $3.52 (1.2%) | Neutral | Low daily volatility. |
| Volume vs 20d avg | 0.54× | Neutral | Light volume — the latest move has little participation. |
| 52-week range | 74% | Neutral | Low $226.60, high $304.37 |
Key levels
- $301.25Resistance, 3 touches+6.0%
- $290.15Resistance, 5 touches+2.0%
- $285.95Resistance, 3 touches+0.6%
- $284.31Last close
- $269.48Support, 4 touches-5.2%
- $255.07Support, 5 touches-10.3%
- $244.41Support, 6 touches-14.0%
Recent candlestick patterns
- Morning StarBullish
Down candle, small pause candle, then a strong up candle — a three-bar reversal pattern.
- Bearish EngulfingBearish
A strong down candle fully covers the prior up candle's body after an advance.
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