iShares Russell 2000 (IWM) ETF — Weekly technical analysis | 7-11 Sep 2026
IWM
iShares Russell 2000 ETF
Weekly technical analysis of the iShares Russell 2000 (IWM) ETF: IQS 38/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
38/100
Weekly Structure 14
Daily Momentum 5
Weekly Ichimoku 19
Daily CMF 0
Delta 0
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · iShares Russell 2000 ETF (IWM · ISIN US4642876555)
Weekly Structure
At 14/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 5/35 momentum is absent: flat or negative daily impulse, no acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling pressure.
Delta
At 0/10 the week is sharply down: weekly performance below -2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
IQS 44 positions the setup in ordinary phase, with contrasting signals: weekly Ichimoku remains above cloud against both daily and weekly MACD showing strong bearish weakness. Price sits within the no-trade zone while weekly EMA50 stays free. Awaiting confirmation on breakout is the priority.
This week's view by AiTrading67.com
IWM trades within the neutral technical zone awaiting clear directional confirmation. Weekly structure displays bearish fading characteristics with Ichimoku maintaining bullish favour, though daily momentum indicators remain persistently weak. The consolidation phase demands patience: a confirmed breakout would activate the long setup.
Chart iShares Russell 2000 (IWM) · 12-month trend
Over the past week the stock shed 2.4%; over twelve months it is up 18.9%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
C — Early deterioration
Negative histogram contracting
Weekly EMA50
Approaching
Price approaching the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Neutral-bearish
Capital Flow (CMF)
Heavy outflow
Daily MACD · Status
C — Early deterioration
Daily Stochastic
Oversold
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum appears weak with subdued ADX and -DI above +DI, signalling underlying weakness. RSI sits in the mildly negative zone while CMF shows strong outflows, confirming selling pressure. Stochastic is oversold, hinting at possible downside exhaustion. The mature Golden Cross in the moving averages shows recent deterioration but maintains structural support.
Weekly market overview
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Weekly structure shows RSI in neutral zone, indicating indecision between buyers and sellers. The MACD displays bearish fading, signalling that selling pressure is slowing. The EMA50 is approaching current prices while the MA stack remains partial with not all elements aligned. Positively, Ichimoku remains above the bullish cloud, an element still supporting the underlying bullish scenario.