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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Redwood Trust, Inc. (NYSE:RWT)
Countertrend Up (+85) - RWT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 6.69
The intermediate-term trend has been UP since Oct 31st, 2024 at 7.77
The short-term trend has been UP since Nov 6th, 2024 at 7.48
Smart Scan Analysis for RWT
Based on our trend formula, RWT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.080 | 7.085 | 6.950 | 7.020 | -0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.020 | 598800 | 2024-11-20 15:59:31 |
| 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 | 910,503 |
| Shares Outstanding | 132,267 | Short Interest | 6,499,569 |
| % Institutional | 90.5 | Market Cap | 1,684M |
| Assets | 184,274,260M | Liabilities | 172,044,260M |
| P/E Ratio | 12.7143 | Beta | 0.99 |
| Volatility | 10.8 |