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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Runway Growth Finance Corp. (NASDAQ:RWAY)

Long-Term Downtrend (-90) - RWAY is in a strong downtrend that is likely to continue. While RWAY is showing intraday strength, it remains in the confines of a bearish trend. 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
10.070 10.250 9.920 10.245 +0.135
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 Oct 31st, 2024 at 10.080

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 10.385

Smart Scan Analysis for RWAY

Based on our trend formula, RWAY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RWAY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.070 10.250 9.920 10.245 +0.135
Prev. Close Volume Bid Ask Time
10.240 423115 2024-11-19 15:59:31
52wk High13.7452wk High Date2024-02-23
52wk Low9.8752wk Low Date2024-08-12
Average Volume341,969Shares Outstanding37,400
Assets107,557,800MLiabilities568,220,000M
P/E Ratio7.1801
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