REDWOOD TRUST INC (RWT)
US7580754023 - REIT
Overall RWT gets a technical rating of 0 out of 10. RWT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RWT is a bad performer in the overall market: 80% of all stocks are doing better.
RWT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 64 other stocks in this industry, of which 66% are performing better than RWT.
In the last month RWT has a been trading in the 6.41 - 7.25 range, which is quite wide. It is currently trading near the lows of this range.
RWT has an average volume of 1015390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RWT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RWT is lagging the market slightly.
Volume is considerably higher in the last couple of days.
RWT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.59
8.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.48 to 6.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.33 from a horizontal line in the daily time frame.
- A support zone ranging from 5.65 to 5.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.09 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.37 from a horizontal line in the daily time frame.
- Resistance @8.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.99
Mansfield-1.27
10 Day High7.19
10 Day Low6.41
20 Day High7.25
20 Day Low6.41
52 Week High8.15
52 Week Low5.46
Performance
1 Week-1.05%
2 Weeks-3.95%
1 Month-8.62%
3 Month-15.23%
6 Month1.23%
12 Month-11.34%
2 Year-2.81%
3 Year-50.19%
5 Year-60.28%
10 Year-66.65%
15 Year-54.56%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)36.74
LBB6.41
UBB7.22
REDWOOD TRUST INC
NYSE:RWT (12/27/2024, 8:04:00 PM)
Premarket: 6.53 -0.04 (-0.61%)6.57
-0.05 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.76%
1 Week-1.05%
2 Weeks-3.95%
1 Month-8.62%
3 Month-15.23%
6 Month1.23%
12 Month-11.34%
2 Year-2.81%
3 Year-50.19%
5 Year-60.28%
10 Year-66.65%
15 Year-54.56%
Volatility
ATR(14)0.2
ATR(20)%2.71%
ATR Inc-17.8%
Range Today0.2
ADR(20)0.16
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.99
Mansfield-1.27
10 Day High7.19
10 Day Low6.41
20 Day High7.25
20 Day Low6.41
52 Week High8.15
52 Week Low5.46
CS1 End6.51
CR1 Start7.09
Volume & EV
DER(3)-0.18%
DER(5)-0.06%
Volume1.12M
Volume Incr123.5%
Vol(5)2.14M
Vol(50)1.02M