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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Redwoods Acquisition Corp. (NASDAQ:RWOD)
Long-Term Downtrend (-90) - RWOD is in a strong downtrend that is likely to continue. While RWOD 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 RWOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWOD.
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 RWOD
The long-term trend has been DOWN since Apr 22nd, 2024 at 7.99
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 7.99
The short-term trend has been DOWN since Apr 22nd, 2024 at 7.99
Smart Scan Analysis for RWOD
Based on our trend formula, RWOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.33 | 6.37 | 4.98 | 6.04 | -0.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.07 | 181825 | 2024-04-25 15:59:06 |
| 52wk High | 13.1 | 52wk High Date | 2024-04-19 |
| 52wk Low | 6.31 | 52wk Low Date | 2024-04-24 |
| Average Volume | 343,483 | Shares Outstanding | 1,760 |
| Assets | 118,246,636M | Liabilities | 4,929,496M |
| P/E Ratio | 10.1905 |