IWM Up 0.533% On September 26, 2024
- This topic has 2 replies, 1 voice, and was last updated 1 week ago by Christian Harris.
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The iShares Russell 2000 ETF experienced a price increase of 0.533% on Thursday, September 26, 2024, closing at $218.85.
Throughout the day, the ETF’s price fluctuated within a range of 1.26%, reaching a low of $218.38 and a high of $221.13.
Over the past two weeks, the ETF has shown a cumulative gain of 3.42%, with seven of the ten trading days ending in price increases.
This rise was accompanied by a significant increase in trading volume on Thursday, with approximately 24 million shares traded.
The ETF is currently positioned in the middle of a short-term upward trend. This suggests that further price increases within the trend may be likely.
Based on the current short-term trend, the ETF is projected to rise by 4.35% over the next three months.
There is a 90% probability that its price will remain within the range of $216.40 to $242.57 by the end of this period.
This projection reflects both the potential for growth and the likelihood of fluctuations within this price range over the upcoming quarter.