
Technical analysis of iShares Russell 2000 ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The iShares Russell 2000 ETF is a financial instrument that tracks the Russell 2000 index, investing at least 80% of its assets in the component securities of the index. The fund may also allocate up to 20% of its assets in derivatives contracts, cash and cash equivalents to optimize portfolio management.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
277.95 $
−0.54%
50 sessions
287.13 $
−3.72%
200 sessions
276.95 $
−0.18%
s2
269.05
Support
s1
272.41
Support
pivot
274.66
Pivot
r1
278.02
Resistance
r2
280.26
Resistance
In the October 21, 2026 session iShares Russell 2000 ETF closed higher at 276.45 $, +0.24% versus the previous session.
The price sits below every moving average observed: −0.54% against the 21-session average, −3.72% against the 50 and −0.18% against the 200.
The 14-period RSI reads 44.3, in neutral territory.
MACD stands at -3.536 against a signal line at -3.710: the histogram is positive (+0.173).
ADX reads 39.5, indicating a marked directionality.
Levels computed on the latest session place supports at 272.41 and 269.05 $ and resistances at 278.02 and 280.26 $, around a pivot of 274.66.
The average daily range (ATR) is 3.718 $, or 1.34% of price.
Turnover was 9.7M shares, 38% of the 20-session average.
Over the last twelve months the price ranged between 269.28 and 304.38 $, and today stands −9.18% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is iShares Russell 2000 ETF analysed technically?
Technical analysis of iShares Russell 2000 ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for iShares Russell 2000 ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to iShares Russell 2000 ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares Russell 2000 ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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