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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Redwoods Acquisition Corp. - Rights (NASDAQ:RWODR)
Strong Downtrend (-100) - RWODR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWODR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RWODR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWODR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RWODR
The long-term trend has been DOWN since May 6th, 2024 at 0.0911
The intermediate-term trend has been DOWN since May 6th, 2024 at 0.2000
The short-term trend has been DOWN since Apr 29th, 2024 at 0.2500
Smart Scan Analysis for RWODR
Based on our trend formula, RWODR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2672 | 0.2800 | 0.2400 | 0.2400 | -0.0272 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2500 | 5181 | 2024-05-07 12:14:00 |
| 52wk High | 0.3 | 52wk High Date | 2024-04-19 |
| 52wk Low | 0.07 | 52wk Low Date | 2024-01-22 |
| Average Volume | 222,814 | Assets | 118,246,636M |
| Liabilities | 4,929,496M |