Russell 2000 Daily Analysis — 2026-08-31
Session: ClosingLatest
- Close
- 2,956.45
- Change
- -0.54%
- 1W Change
- -1.29%
- 20D Change
- -0.85%
- EMA20
- 3,001.29
- EMA50
- 2,974.05
- EMA200
- 2,765.78
- RSI (14)
- 42.7
- ATR (14)
- 31.27
- Volatility (20D)
- 13.67%
- Distance from 20D High
- -3.69%
- Advancers
- 2
- Decliners
- 9
- Volume
- 0
- VIX
- 14.92
- US10Y
- 4.76%
- DXY
- 99.42
Sector Leaders
Session: Premarket
- Close
- 2,972.37
- Change
- -1.39%
- 1W Change
- -1.51%
- 20D Change
- 1.40%
- EMA20
- 3,006.01
- EMA50
- 2,974.77
- EMA200
- 2,762.96
- RSI (14)
- 45.0
- ATR (14)
- 31.52
- Volatility (20D)
- 14.88%
- Distance from 20D High
- -3.17%
- Advancers
- 5
- Decliners
- 6
- Volume
- 4,297,560,000
- VIX
- 15.41
- US10Y
- 4.75%
- DXY
- 99.58
Sector Leaders
The index is trading lower in the premarket, showing a modest pullback after recent gains. Market breadth is slightly negative, with a few notable losers outweighing gainers.
Market Drivers
The decline is driven by weakness in some large-cap components, while a few sectors show resilience. Overall sentiment is cautious, with a slight risk-off tone.
Trend Interpretation
Price is hovering near its medium-term moving average, indicating a consolidation phase. Short-term momentum is slightly negative, but the longer-term trend remains upward.
Risk Factors
Key risks include elevated volatility and a potential breakdown below support levels. A stronger dollar and rising yields could add pressure.
Bullish
If the index holds above its medium-term average and buying interest returns, it could resume its upward trajectory. Positive sector leadership and improving breadth would support this view.
Neutral
The index may continue to trade in a range, with alternating sessions of gains and losses. Volatility is expected to remain moderate, and the market could stay directionless until new catalysts emerge.
Risk
A break below key support could trigger further selling, especially if volatility spikes. Weak breadth and persistent selling pressure in leading stocks might lead to a deeper correction.
Session: Midday
- Close
- 2,947.95
- Change
- -0.82%
- 1W Change
- -1.57%
- 20D Change
- -1.14%
- EMA20
- 3,000.48
- EMA50
- 2,973.72
- EMA200
- 2,765.70
- RSI (14)
- 41.5
- ATR (14)
- 31.16
- Volatility (20D)
- 13.84%
- Distance from 20D High
- -3.97%
- Advancers
- 2
- Decliners
- 9
- Volume
- 0
- VIX
- 15.20
- US10Y
- 4.76%
- DXY
- 99.44
Sector Leaders