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Archive
- 9/4/2026 -
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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 first positive week for the iShares Russell 2000 Index (IWM). During the week, the IWM climbed 0.26 points, or 0.09%, and closed at 296.01 on Friday, September 4, 2026. Weekly volume was -45% 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 305.18 on August 14, 2026. IWM gained -270.92 points, or -790.78%, in 909 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (185.83) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 March 30, 2026 at 238.69 and reached 305.18 on August 14, 2026. IWM gained -66.49 points, or -27.86%, in 19 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (302.28) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
 Weekly Technical Indicators: [See IWM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since August 14, 2026. Use the following link to access a MACD help.
 Short-term trend: [See IWM short-term trend chart]
A short-term downtrend had started on August 14, 2026 at 305.18 and reached 289.97 on September 1, 2026. IWM lost 15.21 points, or 4.98%, in 18 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IWM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 19, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
A Parabolic SAR (stop and reversal) indicator (298.32) comes close to the price (296.01). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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