IWM Monthly 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
The monthly chart of IWM displays a powerful secular bull market characterized by a clear breakout above its multi-year range and the previous 2021 high near 245. Price is advancing toward the upper Bollinger Band with strong momentum, underpinned by fully aligned rising 20, 50, and 200-month moving averages and a robust monthly RSI near 69. Long-term structural bias remains firmly bullish with previous resistance around 240–246 serving as key secular support.
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IWM Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is trading strongly near all-time highs, holding well above the rising 20-month SMA (245.85) with the monthly RSI firmly in bullish territory at 68.63.
Long-term Sentiment (weeks to months): Bullish
Clear secular bull regime demonstrated by perfect multi-year moving average alignment (Price > 20 SMA > 50 SMA > 200 SMA) following a decisive breakout above the major 2021 peak.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-09-01T06:39:40.528Z
- Model: gemini-3.7-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $243.00 | $240.00 - $246.00 | Strong | Prior multi-year secular resistance from the 2021 peak, now acting as primary breakout support and closely aligned with the 20-month SMA. |
| $215.00 | $210.00 - $220.00 | Strong | Mid-term consolidation platform and confluence zone around the rising 50-month SMA. |
| $173.50 | $165.00 - $182.00 | Strong | Major multi-year base floor established during the 2022–2023 consolidation, aligned with the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $307.50 | $305.00 - $310.00 | Weak | Current all-time high resistance zone aligned with the upper monthly Bollinger Band (309.58). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Base Breakout | Bullish | $330.00 | A broad multi-year rectangular consolidation between approximately 160 and 245 from 2022 to 2024 that resolved with a strong upside expansion into new all-time highs. |
Frequently Asked Questions about IWM
What is the current sentiment for IWM?
The short-term sentiment for IWM is currently Bullish because Price is trading strongly near all-time highs, holding well above the rising 20-month SMA (245.85) with the monthly RSI firmly in bullish territory at 68.63.. 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 $243.00 and $215.00. 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.