IWM Weekly 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
IWM is in a robust long-term uptrend, trading at new visible highs after resolving a multi-year base to the upside. The 20, 50, and 200-week SMAs are stacked in a classic bullish sequence, and momentum indicators like MACD confirm the trend direction. While the price is currently testing the upper Bollinger Band limits causing a minor pause, the structural backdrop remains highly constructive for trend continuation.
Included In Lists
Related Tickers of Interest
IWM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is holding well above the rising 20-week SMA with the RSI (62.92) in a bullish regime, despite a minor weekly pullback from recent highs.
Long-term Sentiment (weeks to months): Bullish
The chart shows a confirmed breakout from a multi-year consolidation base, with the 50-week SMA diverging positively above the rising 200-week SMA.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:25:03.734Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $249.00 | $248.00 - $250.00 | Strong | Immediate trend support defined by the rising 20-week SMA and the Bollinger Band basis line. |
| $229.00 | $226.00 - $232.00 | Strong | Confluence of the 50-week SMA and the lower Bollinger Band, acting as secondary trend support. |
| $202.50 | $200.00 - $205.00 | Strong | Major structural floor defined by the 200-week SMA and previous long-term breakout level. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $266.00 | $265.00 - $267.00 | Weak | Recent weekly swing high and proximity to the upper Bollinger Band (265.81). |
| $277.50 | $275.00 - $280.00 | Weak | Psychological resistance zones in blue-sky territory as price discovers new highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Base Breakout | Bullish | N/A | Price has successfully cleared the resistance of a large consolidation range (approx. 165-235) that held from 2022 to mid-2024. |
| Strong | Ascending Channel | Bullish | N/A | A steady pattern of higher highs and higher lows has been established since late 2023, guided by the 20-week and 50-week SMAs. |
Frequently Asked Questions about IWM
What is the current sentiment for IWM?
The short-term sentiment for IWM is currently Bullish because Price is holding well above the rising 20-week SMA with the RSI (62.92) in a bullish regime, despite a minor weekly pullback from recent highs.. 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 $249.00 and $229.00. 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 61/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.