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Stock Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Redwoods Acquisition Corp. - Rights (NASDAQ:RWODR)

Weak Uptrend (+65) - RWODR is showing signs of weakening momentum to the upside. Monitor RWODR as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_RWODR
Open High Low RWODR Price Change
0.1886 0.1974 0.0729 0.1101 -0.0405
Entry Signal

MarketClub’s Trade Triangles for RWODR

long term up The long-term trend has been UP since Jun 7th, 2023 at 0.1895

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2023 at 0.1895

short term down The short-term trend has been DOWN since Jun 7th, 2023 at 0.1000

Smart Scan Analysis for RWODR

Based on our trend formula, RWODR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RWODR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1886 0.1974 0.0729 0.1101 -0.0405
Prev. Close Volume Bid Ask Time
0.1500 18325 2023-06-07 15:53:00
52wk High0.219952wk High Date2022-11-28
52wk Low0.030152wk Low Date2023-03-16
Average Volume8,219Assets118,246,636M
Liabilities4,929,496M
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