# IWM Futures Gain 0.83% but Remain Below Five Short-Term Averages

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/51095
Published: 2026-11-07T21:06:38.000Z
Updated: 2026-11-07T21:06:38.000Z
Section: Investing

> The contract traded at $274.23 on Nov. 7, above immediate support at $271.13 but below immediate resistance at $276.05. Its 24-hour range was $269.86 to $274.78.

Binance futures for iShares Russell 2000 Tokenized ETF (IWM) traded at $274.23 on Nov. 7, up 0.83% over 24 hours, while remaining below five short-term moving averages. The contract's 24-hour trading volume was $719,084, and its price range was $269.86 to $274.78.

IWM was above immediate support at $271.13 and below immediate resistance at $276.05. The pivot point was $272.96. The contract was below each of its listed moving averages: the seven-period simple moving average was $277.67, the 20-period was $278.01 and the 50-period was $278.97. The 12-period exponential moving average was $277.47, while the 26-period average was $278.15.

The Bollinger middle band was $278.01, with a lower band at $270.51 and an upper band at $285.51. At $274.23, the contract was below the middle band and above the lower band. These levels describe the price's position within the listed band range.

Momentum indicators were mixed. The relative strength index was 43.85, a neutral reading. The moving average convergence-divergence line and its signal line were both -0.6818, leaving the histogram at zero. Stochastic readings were 26.00 for %K and 20.80 for %D. The 14-period average true range was $4.92.

Open interest rose 17.23% over 24 hours to 1,512.88 contracts, valued at $501,602. That increase reflects more outstanding futures positions but does not by itself show whether traders added long or short exposure. The global long-short account ratio was 1.7086, with 63.1% of accounts long and 36.9% short. The top-trader account ratio was 1.4851, with 59.8% long and 40.2% short.

Taker buy volume was 3 against sell volume of 5 in the one-hour measure, producing a buy-sell ratio of 0.5029. The funding rate was 0.0000%. The next marked levels were strong support at $268.04 and strong resistance at $277.88.