


Technical Sentiment Analysis for Defiance R2000 Weekly Distribution ETF (IWMY). As of 2026-07-07, Defiance R2000 Weekly Distribution ETF (IWMY) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IWMY stands at 46.73, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.04, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 29.29 and the Commodity Channel Index (CCI) at -35.48 further confirm a -0.38 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, IWMY is trading below its 60-day moving average of $19.52 and below its 200-day long-term moving average of $20.22. Key price levels to watch include the immediate resistance at $19.98 and strong support at $19.42. A break above $19.98 could signal a bull continuation, while falling below $19.42 may test the next Fibonacci floor at $19.14.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.86 | 19.14 | 19.42 | 19.7 | 19.98 | 20.26 | 20.54 |
| Fibonacci | 19.14 | 19.35 | 19.48 | 19.7 | 19.91 | 20.04 | 20.26 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 46.73 |
| Stochastic Oscillator | 29.29 |
| Stochastic RSI | 49.94 |
| Commodity Channel Index (CCI) | -35.48 |
| Awesome Oscillator | 0.13 |
| Momentum | -0.38 |
| MACD | 0.04 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 19.68 | Sell |
| 10-Day | 19.71 | Sell |
| 20-Day | 19.6 | Sell |
| 60-Day | 19.52 | Sell |
| 200-Day | 20.22 | Sell |
| 250-Day | 20.85 | Sell |