Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
REDWOOD SYSTEMATIC MACRO TREND (SMART) FUND CLASS N (NASDAQ:RWSNX)
Crossroads (-60) - RWSNX 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 RWSNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWSNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RWSNX
The long-term trend has been UP since Jun 1st, 2020 at 15.72
The intermediate-term trend has been DOWN since Jun 18th, 2021 at 19.82
The short-term trend has been DOWN since Jun 15th, 2021 at 20.28
Smart Scan Analysis for RWSNX
Based on our trend formula, RWSNX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.35||52wk High Date||2021-06-11|
|52wk Low||15.34||52wk Low Date||2020-06-26|
|Year End Close||17.57|