Russell 2000 IndexIWM
Auto-detected technical analysis for IWM · data as of Sep 1, 2026. The chart above is live; the read below updates daily.
IWM is currently forming a rising wedge on the daily timeframe. Detected Sep 1, 2026.
A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $282.04 (−6.7%).
New to this pattern? What a rising wedge is and how to trade it →
IWM's most recent completed falling wedge resolved as a loss: it broke higher on Oct 26, 2026 near $278.56, then was stopped out at $271.98 on Nov 6, 2026 — a 2.4% move (-1.26R) over 9 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.
Every completed pattern trade our nightly backtest found on IWM's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Oct 26, 2026 @ $278.56 | Nov 6, 2026 @ $271.98 | Loss | +2.8% · -1.26R |
| Falling wedge | Oct 16, 2026 @ $270.74 | Oct 29, 2026 @ $284.64 | Loss | +5.0% · -1.00R |
| Falling wedge | Oct 14, 2026 @ $272.26 | Oct 29, 2026 @ $284.64 | Loss | +2.4% · -1.00R |
| Falling wedge | Oct 14, 2026 @ $273.36 | Oct 29, 2026 @ $284.64 | Loss | +5.8% · -1.00R |
| Falling wedge | Oct 8, 2026 @ $274.72 | Oct 29, 2026 @ $284.64 | Loss | +5.4% · -1.00R |
| Rising wedge | Sep 10, 2026 @ $288.48 | Oct 14, 2026 @ $270.93 | Win | +6.3% · +1.47R |
| Triangle | Sep 1, 2026 @ $290.99 | Sep 24, 2026 @ $279.36 | Win | +4.0% · +1.24R |
| Rising wedge | Aug 28, 2026 @ $296.38 | Sep 24, 2026 @ $279.41 | Win | +5.7% · +1.93R |
| Rising wedge | Aug 28, 2026 @ $299.10 | Sep 10, 2026 @ $289.02 | Win | +3.4% · +1.66R |
| Rising wedge | Jul 22, 2026 @ $293.86 | Aug 5, 2026 @ $302.72 | Loss | +5.2% · -1.00R |
| Rising wedge | Jul 17, 2026 @ $292.03 | Aug 5, 2026 @ $302.72 | Loss | +7.8% · -1.00R |
| Rising wedge | May 12, 2026 @ $281.32 | May 26, 2026 @ $288.39 | Loss | +5.2% · -1.13R |
Historical examples from the published simulation. This selection is not a win-rate sample.
A chance to go short showed up on the weekly chart about 3 weeks ago: price ran up to $304.51 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 1, 2026 | $291.98 | $292.94 | $291.23 | $292.28 |
| Aug 31, 2026 | $295.09 | $295.35 | $292.71 | $293.93 |
| Aug 28, 2026 | $299.70 | $300.39 | $295.67 | $295.75 |
| Aug 27, 2026 | $298.77 | $300.32 | $298.14 | $299.81 |
| Aug 26, 2026 | $298.64 | $299.95 | $298.13 | $298.93 |
| Aug 25, 2026 | $299.60 | $299.78 | $297.97 | $299.23 |
| Aug 24, 2026 | $299.55 | $299.74 | $297.40 | $297.97 |
| Aug 21, 2026 | $299.85 | $300.33 | $298.17 | $299.96 |
| Aug 20, 2026 | $299.27 | $300.04 | $297.04 | $297.67 |
| Aug 19, 2026 | $302.88 | $303.41 | $301.23 | $301.72 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.