Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
iShares Russell 2000 ETF (GIF:IWM)
Strong Uptrend (+100) - IWM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IWM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid IWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for IWM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IWM
The long-term trend has been UP since Aug 5th, 2020 at 153.253
The intermediate-term trend has been UP since Nov 5th, 2020 at 164.112
The short-term trend has been UP since Nov 3rd, 2020 at 157.994
Smart Scan Analysis for IWM
Based on our trend formula, IWM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).