iShares Russell 2000 ETF (IWM)

iShares Russell 2000 ETF is trading at $276.67, up 0.07% on the session. The 50 day average sits at $289.07 and the 200 day at $277.65, which puts the stock in a uptrend. RSI is at 31.9, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $269.88 with resistance near $284.64, so that band frames the current range. Average daily movement is roughly $3.86, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 47 out of 100 combines a trend score of 33, momentum of 28 and a risk score of 96.

The underlying index is a float-adjusted capitalization-weighted index of equity securities issued by the approximately 1,933 smallest issuers in the Russell 3000 Index. The fund may use derivatives to gain or reduce exposure to the components of the underlying index or exposure to one or more market risk factors associated with such components.