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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.
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MarketClub’s Trade Triangles for RWT
The long-term trend has been UP since Jul 19th, 2023 at 6.860
The intermediate-term trend has been UP since Nov 29th, 2023 at 6.990
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).
| 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 High | 17.5 | Year High Date | 2018-07-20 |
| Year Low | 14.32 | Year Low Date | 2018-02-06 |
| 52wk High | 8.72 | 52wk High Date | 2023-02-02 |
| 52wk Low | 5.47 | 52wk Low Date | 2023-05-04 |
| Year End Close | 16.89 | Average Volume | 1,253,989 |
| Shares Outstanding | 114,235 | Short Interest | 6,499,569 |
| % Institutional | 90.5 | Market Cap | 1,684M |
| Assets | 131,212,860M | Liabilities | 119,836,060M |
| P/E Ratio | 20.0263 | Beta | 0.99 |
| Volatility | 10.8 |