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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Redwoods Acquisition Corp. - Rights (NASDAQ:RWODR)
Countertrend Up (+85) - RWODR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for RWODR
The long-term trend has been UP since Feb 20th, 2024 at 0.16
The intermediate-term trend has been UP since Apr 17th, 2024 at 0.23
The short-term trend has been UP since Apr 17th, 2024 at 0.22
Smart Scan Analysis for RWODR
Based on our trend formula, RWODR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2890 | 0.2899 | 0.2800 | 0.2800 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2700 | 81400 | 2024-04-26 10:25:00 |
| 52wk High | 0.3 | 52wk High Date | 2024-04-19 |
| 52wk Low | 0.07 | 52wk Low Date | 2024-01-22 |
| Average Volume | 219,811 | Assets | 118,246,636M |
| Liabilities | 4,929,496M |