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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Redwood Trust, Inc. (NYSE:RWT)
Crossroads (-60) - RWT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for RWT
The long-term trend has been UP since Jul 11th, 2024 at 6.690
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 7.450
The short-term trend has been DOWN since Oct 21st, 2024 at 7.542
Smart Scan Analysis for RWT
Based on our trend formula, RWT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.440 | 7.485 | 7.410 | 7.445 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.490 | 273513 | 2024-10-22 15:57:55 |
| Year High | 17.5 | Year High Date | 2018-07-20 |
| Year Low | 14.32 | Year Low Date | 2018-02-06 |
| 52wk High | 8.15 | 52wk High Date | 2024-09-19 |
| 52wk Low | 5.455 | 52wk Low Date | 2024-04-16 |
| Year End Close | 16.89 | Average Volume | 712,882 |
| Shares Outstanding | 132,216 | Short Interest | 6,499,569 |
| % Institutional | 90.5 | Market Cap | 1,684M |
| Assets | 164,911,040M | Liabilities | 152,703,660M |
| P/E Ratio | 41.6111 | Beta | 0.99 |
| Volatility | 10.8 |