IWM Daily Technical Analysis
US Small Cap Index (2000)
iShares Russell 2000 ETF - Tracks the index of 2000 small U.S. companies representing the small-cap segment.
IWM Technical Analysis Summary
IWM displays a robust technical structure, trading firmly above all key moving averages (20, 50, 200) which are all sloping upward. Momentum remains bullish with the RSI holding high levels (67.88) and MACD showing a positive crossover, though proximity to the upper Bollinger Band suggests potential for minor mean reversion or consolidation. The primary trend is undeniably bullish.
Included In Lists
Related Tickers of Interest
IWM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is trading above the rising 20-day SMA with positive momentum indicated by the MACD line above the signal line.
Long-term Sentiment (weeks to months): Bullish
The asset is in a sustained uptrend, positioned well above both the rising 50-day and 200-day SMAs, showing a clear structure of higher highs.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:03:28.475Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $258.25 | $258.00 - $258.50 | Strong | Aligns with the 20-day moving average (Bollinger Band basis) which has acted as dynamic support. |
| $250.50 | $250.00 - $251.00 | Strong | Confluence of the rising 50-day SMA and a previous consolidation zone. |
| $242.00 | $240.00 - $244.00 | Weak | Zone around the lower Bollinger Band and prior swing lows. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $273.05 | $272.60 - $273.50 | Strong | Recent swing high coinciding closely with the upper Bollinger Band (272.63). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bullish Trend Channel | Bullish | N/A | Price action is contained within a steep upward channel characterized by adherence to the 20-day SMA as support. |
| Strong | MACD Bullish Crossover | Bullish | N/A | The MACD line (4.94) is divergent above the Signal line (4.03) with a positive histogram, confirming upward momentum. |
Frequently Asked Questions about IWM
What is the current sentiment for IWM?
The short-term sentiment for IWM is currently Bullish because Price is trading above the rising 20-day SMA with positive momentum indicated by the MACD line above the signal line.. The long-term trend is classified as Bullish.
What are the key support levels for IWM?
StockDips.AI has identified key support levels for IWM at $258.25 and $250.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is IWM in a significant dip or a Value Dip right now?
IWM has a Value Score of 47/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.