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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Redwoods Acquisition Corp. - Warrants (NASDAQ:RWODW)
Strong Downtrend (-100) - RWODW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWODW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RWODW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWODW.
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 RWODW
The long-term trend has been DOWN since May 2nd, 2024 at 0.03759
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.04800
The short-term trend has been DOWN since Apr 19th, 2024 at 0.06000
Smart Scan Analysis for RWODW
Based on our trend formula, RWODW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0600 | 0.0600 | 0.0352 | 0.0499 | -0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0499 | 12269 | 2024-05-08 15:59:00 |
| 52wk High | 0.09921 | 52wk High Date | 2024-03-05 |
| 52wk Low | 0.017 | 52wk Low Date | 2023-11-28 |
| Average Volume | 96,713 | Assets | 118,246,636M |
| Liabilities | 4,929,496M |