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Stock Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Redwood Trust, Inc. (NYSE:RWT)

Strong Uptrend (+100) - RWT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RWT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Open High Low RWT Price Change
7.160 7.240 7.150 7.205 +0.015
Entry Signal

MarketClub’s Trade Triangles for RWT

long term up The long-term trend has been UP since Jul 19th, 2023 at 6.860

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 6.990

short term up The short-term trend has been UP since Nov 29th, 2023 at 6.945

Smart Scan Analysis for RWT

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

Smart Scan Analysis for RWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.160 7.240 7.150 7.205 +0.015
Prev. Close Volume Bid Ask Time
7.210 1438986 2023-12-08 15:59:10
Year High17.5Year High Date2018-07-20
Year Low14.32Year Low Date2018-02-06
52wk High8.7252wk High Date2023-02-02
52wk Low5.4752wk Low Date2023-05-04
Year End Close16.89Average Volume1,253,989
Shares Outstanding114,235Short Interest6,499,569
% Institutional90.5Market Cap1,684M
P/E Ratio20.0263Beta0.99
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