Stock Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
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.
MarketClub’s Trade Triangles for RWODR
The long-term trend has been DOWN since May 4th, 2022 at 0.135
The intermediate-term trend has been DOWN since May 4th, 2022 at 0.135
The short-term trend has been DOWN since May 17th, 2022 at 0.120
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).
|52wk High||0.15||52wk High Date||2022-05-16|
|52wk Low||0.11||52wk Low Date||2022-05-23|