The Greedy Trader Weekly Analysis
Sign In Apr 24, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/17/2026 -
Sign In to see current Signals.

iShares Russell 2000 Index (IWM) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Relative Strength Index and Williams' Percentage Range are overboughtLane's Stochastic is strongly overbought
Move cursor over the icon to see details.

It was a fourth positive week after 4 consecutive negative weeks for the iShares Russell 2000 Index (IWM). During the week, the IWM gained 14.48 points, or 5.54%, and closed at 275.78 on Friday, April 17, 2026. Weekly volume was -23% below 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 277.63 on April 17, 2026. IWM gained -243.37 points, or -710.36%, in 892 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (182.52) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 277.63 on April 17, 2026. IWM gained -105.93 points, or -61.69%, in 53 weeks. Price is near the trend high.

Weekly Technical Indicators: [See IWM weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is low and getting smaller. 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 March 30, 2026 at 238.69 and reached 277.63 on April 17, 2026. IWM gained -38.94 points, or -16.31%, in 18 days. Price is near the trend high.

Daily Technical Indicators: [See IWM daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 89.87
Overbought
Williams' Percentage Range (W%R) 10.00
Overbought
Lane's Stochastic (%D-Slow) 97.32
Strong Overbought
Greed/Fear Indicator (GFI) 92.40
Strong Overbought
Moving Average Converg./Diverg. (MACD) 2.00
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.14
Williams' Percentage Range (W%R) 8.10
Strong Overbought
Lane's Stochastic (%D-Slow) 43.97
Greed/Fear Indicator (GFI) 62.76
Moving Average Converg./Diverg. (MACD) 6.10
Trading Signals
Description Value Chart
Upper Bollinger Band 279.95
Daily Stochastic Crossing 277.05
Price 275.78
Parabolic System 260.34
Yearly Trendline Resistance 260.10
Weekly Stochastic Crossing 258.75
50 Day Moving Average 257.19
20 Day Moving Average 255.36
Lower Bollinger Band 239.20
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 238.69
Low Date 03/30/2026
High 277.63
High Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 238.69
Low Date 03/30/2026
High 277.63
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 171.70
Low Date 04/07/2025
High 277.63
High Date 04/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 161.67
Low Date 10/27/2023
High 277.63
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 260.10
Support 182.52
Low 34.26
Low Date 03/09/2009
High 277.63
High Date 04/17/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.