IWM chart analysis today
IWM broke down from a symmetrical triangle this bar on heavier than normal volume inside a weekly uptrend. Above $296.15 the break has failed.
iShares Russell 2000 Index · daily · last close $290.57 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $296.15 · the breakout
- Below
- $270.98 · support
- Formation state
- Broke below $296.15 this bar on heavier than normal volume. No retest yet.
- Trend
- a series of higher highs and higher lows over the window, 4 steps across 72 bars, still intact
- Agreement
- Structure 2 of 4 (mixed) · indicators 0 of 3 (low)
Levels and what happened there
- Resistance $302.43
- Support $270.98
- The last six times price reached $302.43 it held every time, bouncing 2.9% on average.
- The last three times price reached $270.98 it held twice, bouncing 7.1% on average.
- Bigger picture Weekly up, daily rising. weekly — uptrend intact, nearest resistance $303.95, rising wedge at $293.17.
- 52 weeks 4.8% below its 52-week high of $305.18 and 27% above its 52-week low of $228.90.
Read your own IWM chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze IWM now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.