IWB: coverage closed, residual capital keeps running
IWB gains 1% near record highs, but weekly momentum keeps fading
IWB: coverage closed, residual capital keeps running
Our view last week
IWB, the US large-cap ETF tracking the Russell 1000, closes a fourth straight week of cooling momentum: the weekly MACD histogram, fading for a month, has nearly flattened to zero. Sellers stay dominant at 75% of volume, though down from 85% last week. This IWB technical analysis shows price boxed between the 50-day moving average, in the 404 area, and the daily Bollinger Band, in the 402 area, with the trade still up 8.6% since entry.
This week's summary
IWB, the US large-cap ETF tracking the Russell 1000, is back near its record highs, with 89% of this week's volume on the buy side. IWB's technical analysis, though, shows the picture losing its edge beneath the surface — the weekly MACD has just turned bearish and momentum has nearly flattened out — while the trade keeps running at +9.8% since entry.
IQS Phase
55
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#85 / 120
US stocks in progress
Trade P&L %
+9.77%
from signal to date, no stop loss
Rank position
ranks 85th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IWB belongs to the etf broad sector (reference ETF ).
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