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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Redwoods Acquisition Corp. - Rights (NASDAQ:RWODR)

Strong Downtrend (-100) - RWODR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RWODR continues to fall. Traders should use caution and set stops.

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
0.277700 0.292600 0.239998 0.262800 +0.002800
Entry Signal

MarketClub’s Trade Triangles for RWODR

long term down The long-term trend has been DOWN since May 6th, 2024 at 0.0911

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 0.2000

short term down The short-term trend has been DOWN since May 20th, 2024 at 0.2500

Smart Scan Analysis for RWODR

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

-100
Smart Scan Analysis for RWODR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.277700 0.292600 0.239998 0.262800 +0.002800
Prev. Close Volume Bid Ask Time
0.262800 14155 2024-05-20 15:59:00
52wk High0.352wk High Date2024-05-14
52wk Low0.0752wk Low Date2024-01-22
Average Volume23,209Assets118,246,636M
Liabilities4,929,496M
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