The Hourly View for RTY
Last Updated February 23, 2021, 23:19 GMT
At the time of this writing, E-Mini Russell 2000’s price is down 0 (0%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Russell 2000 Daily Price Recap
The back and forth price flow continues for Russell 2000, which started today off at 2251.072 US dollars, down 0.69% (15.62) from the previous day. Out of the 14 instruments in the equity indices asset class, Russell 2000 ended up ranking 9th for the day in terms of price change relative to the previous day. Below is a daily price chart of Russell 2000.
Russell 2000 Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Russell 2000’s price has gone up 15 them.