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Archive
- 4/25/2025 -
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iShares Russell 2000 Index (IWM) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was a third consecutive positive week for the iShares Russell 2000 Index (IWM). During the week, the IWM gained 7.64 points, or 4.10%, and closed at 194.12 on Friday, April 25, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 10% above average.
 Long-term trend: [See IWM long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 34.26 and reached 245.00 on November 25, 2024. IWM gained -210.74 points, or -615.12%, in 820 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 174.15 and resistance is at 248.69. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See IWM medium-term trend chart]
A medium-term downtrend had started on November 25, 2024 at 245.00 and reached 171.70 on April 7, 2025. IWM lost 73.30 points, or 29.92%, in 19 weeks. The price is now at the 30.59% retracement level.
 Weekly Technical Indicators: [See IWM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See IWM short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 171.70 and reached 195.51 on April 23, 2025. IWM gained -23.81 points, or -13.87%, in 16 days. The price is now at the 5.84% retracement level.
Daily Technical Indicators: [See IWM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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