NYSE:RWTN - New York Stock Exchange, Inc. - US7580758818 - Currency: USD
We assign a technical rating of 3 out of 10 to RWTN. RWTN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, RWTN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
23.94
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
REDWOOD TRUST INC - RWT 9 1/8 03/01/29
NYSE:RWTN (4/23/2025, 8:04:01 PM)
24.8
+0.14 (+0.59%)