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 is currently testing a crucial long-term inflection point at its rising 200-day SMA (276.94) after a sharp correction from the 308 high. While short-term momentum remains firmly bearish below the 20-day and 50-day moving averages, the long-term trend remains structurally bullish as long as the 200-day MA holds. A successful defense of the 274–277 zone could trigger a technical mean-reversion bounce toward 285–291, whereas a breakdown would open the door for a deeper retest toward the 260–264 support region.
Included In Lists
Related Tickers of Interest
IWM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp multi-week decline trading below its downward-sloping 20-day and 50-day SMAs, with RSI depressed near 34.90.
Long-term Sentiment (weeks to months): Bullish
The 200-day SMA (276.94) remains upward sloping and the 50-day SMA is positioned well above it, maintaining the broader primary uptrend structure.
Report Metadata
- Timeframe: daily
- Generated at: 2026-10-08T20:16:58.558Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $275.75 | $274.50 - $277.00 | Strong | Confluence of the rising 200-day SMA (276.94), lower Bollinger Band (275.84), and recent swing low. |
| $262.00 | $260.00 - $264.00 | Moderate | Former horizontal resistance and breakout area from February/March 2026. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $283.50 | $282.00 - $285.00 | Moderate | Aligns with the 20-day SMA (282.56) and the mid-band of the Bollinger Bands. |
| $290.75 | $289.50 - $292.00 | Strong | 50-day SMA (291.66) and upper Bollinger Band boundary. |
| $306.00 | $304.00 - $308.00 | Strong | Major swing highs established between July and September 2026. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | 200-Day SMA Support Retest | Bullish | $291.66 | Price has pulled back sharply into the ascending 200-day simple moving average and lower Bollinger Band, showing initial deceleration of selling pressure. |
| Strong | Descending Channel | Bearish | $270.00 | A well-defined series of lower highs and lower lows formed from the September peak near 305 down to the current levels. |
Frequently Asked Questions about IWM
What is the current sentiment for IWM?
The short-term sentiment for IWM is currently Bearish because Price is in a sharp multi-week decline trading below its downward-sloping 20-day and 50-day SMAs, with RSI depressed near 34.90.. 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 $275.75 and $262.00. 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 77/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.