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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Runway Growth Finance Corp. (NASDAQ:RWAY)

Strong Downtrend (-100) - RWAY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWAY continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RWAY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RWAY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RWAY
Open High Low RWAY Price Change
11.850 12.190 11.850 12.155 -0.165
Entry Signal

MarketClub’s Trade Triangles for RWAY

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 12.480

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 12.365

short term down The short-term trend has been DOWN since May 8th, 2024 at 12.940

Smart Scan Analysis for RWAY

Based on our trend formula, RWAY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RWAY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.850 12.190 11.850 12.155 -0.165
Prev. Close Volume Bid Ask Time
12.320 171779 2024-05-09 10:40:21
52wk High13.7452wk High Date2024-02-23
52wk Low10.470152wk Low Date2023-05-12
Average Volume308,651Shares Outstanding39,438
Assets117,345,300MLiabilities603,646,000M
P/E Ratio7.1801
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