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Downtrend Broken Resist.Archive - 8/22/2025 - Sign In to see current Signals. |
iShares Russell 2000 Index (IWM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the iShares Russell 2000 Index (IWM). During the week, the IWM gained 7.70 points, or 3.39%, and closed at 234.83 on Friday, August 22, 2025. It was the best weekly gain since May 16, 2025. IWM was trading at average weekly trading volume.
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 176.95 and resistance is at 252.51. 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 uptrend had started on April 7, 2025 at 171.70 and reached 235.42 on August 22, 2025. IWM gained -63.72 points, or -37.11%, in 19 weeks. Price is near the trend high.
Weekly Technical Indicators: [See IWM weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. 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 August 1, 2025 at 212.34 and reached 235.42 on August 22, 2025. IWM gained -23.08 points, or -10.87%, in 21 days. Price is near the trend high.
Daily Technical Indicators: [See IWM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since August 12, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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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