iShares Russell 2000 ETF (IWM)

iShares Russell 2000 ETF is trading at $292.98, down 0.94% on the session. The 50 day average sits at $297.31 and the 200 day at $271.31, which puts the stock in a uptrend. RSI is at 45.3, which reads as neutral, and MACD is bearish crossover. Volume is above average.

The nearest support is around $294.68 with resistance near $297.81, so that band frames the current range. Average daily movement is roughly $3.34, or about 1.1% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 73, momentum of 43 and a risk score of 96.

The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index (i.e., depositary receipts representing securities of the underlying index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.