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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Redwood Trust, Inc. (NYSE:RWT)

Bull Market Weakness (+75) - RWT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RWT as it may be in the beginning stages of a reversal.

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

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

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

NYSE_RWT
Open High Low RWT Price Change
6.28 6.56 6.28 6.36 +0.09
Entry Signal

MarketClub’s Trade Triangles for RWT

long term down The long-term trend has been DOWN since Feb 21st, 2024 at 6.185

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 6.265

short term up The short-term trend has been UP since Mar 28th, 2024 at 6.460

Smart Scan Analysis for RWT

Based on our trend formula, RWT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.28 6.56 6.28 6.36 +0.09
Prev. Close Volume Bid Ask Time
6.27 2208179 2024-03-28 15:59:59
Year High17.5Year High Date2018-07-20
Year Low14.32Year Low Date2018-02-06
52wk High8.352wk High Date2023-09-01
52wk Low5.4752wk Low Date2023-05-04
Year End Close16.89Average Volume2,293,849
Shares Outstanding131,577Short Interest6,499,569
% Institutional90.5Market Cap1,684M
Assets145,043,270MLiabilities133,016,340M
P/E Ratio20.0263Beta0.99
Volatility10.8
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