Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

Redwoods Acquisition Corp. (NASDAQ:RWOD)

Strong Downtrend (-100) - RWOD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWOD continues to fall. 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.

NASDAQ_RWOD
Open High Low RWOD Price Change
9.83 9.83 9.80 9.82 -0.01
Entry Signal

MarketClub’s Trade Triangles for RWOD

long term down The long-term trend has been DOWN since May 5th, 2022 at 9.87

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2022 at 9.87

short term down The short-term trend has been DOWN since May 11th, 2022 at 9.85

Smart Scan Analysis for RWOD

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

-100
Smart Scan Analysis for RWOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.83 9.83 9.80 9.82 -0.01
Prev. Close Volume Bid Ask Time
9.80 170714 2022-05-12 15:58:05
52wk High9.8952wk High Date2022-05-06
52wk Low9.852wk Low Date2022-05-12
Average Volume84,246Shares Outstanding11,500
Get a free daily analysis and signals for Redwoods Acquisition Corp. (RWOD) - Request Your Free Report.