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Stock Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

Redwoods Acquisition Corp. - Warrants (NASDAQ:RWODW)

Bear Market Rally (-75) - RWODW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RWODW as it may be in the beginning of a reversal.

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

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

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

Open High Low RWODW Price Change
0.0598 0.0596 0.0435 0.0435 -0.0163
Entry Signal

MarketClub’s Trade Triangles for RWODW

long term down The long-term trend has been DOWN since May 2nd, 2024 at 0.03759

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.04800

short term up The short-term trend has been UP since May 15th, 2024 at 0.04570

Smart Scan Analysis for RWODW

Based on our trend formula, RWODW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for RWODW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0598 0.0596 0.0435 0.0435 -0.0163
Prev. Close Volume Bid Ask Time
0.0598 1417 2024-05-17 10:30:00
52wk High0.0992152wk High Date2024-03-05
52wk Low0.01752wk Low Date2023-11-28
Average Volume95,051Assets118,246,636M
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