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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Redwood Trust, Inc. (NYSE:RWT)

Bull Market Weakness (+75) - RWT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RWT as it may be in the beginning stages of a reversal.

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

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

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

NYSE_RWT
Open High Low RWT Price Change
7.430 7.475 7.250 7.250 -0.250
Entry Signal

MarketClub’s Trade Triangles for RWT

long term up The long-term trend has been UP since Jul 11th, 2024 at 6.69

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 6.37

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 7.34

Smart Scan Analysis for RWT

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

+75
Smart Scan Analysis for RWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.430 7.475 7.250 7.250 -0.250
Prev. Close Volume Bid Ask Time
7.500 608341 2024-07-24 15:59:59
Year High17.5Year High Date2018-07-20
Year Low14.32Year Low Date2018-02-06
52wk High8.352wk High Date2023-09-01
52wk Low5.45552wk Low Date2024-04-16
Year End Close16.89Average Volume1,011,523
Shares Outstanding132,153Short Interest6,499,569
% Institutional90.5Market Cap1,684M
Assets150,579,740MLiabilities138,338,110M
P/E Ratio20.0263Beta0.99
Volatility10.8
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