Technical Analysis for RWT - Redwood Trust, Inc.
Grade | Last Price | % Change | Price Change |
---|---|---|---|
C | 6.57 | -1.65% | -0.11 |
RWT closed up 0.75 percent on Friday, May 17, 2024, on 46 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Flat | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
200 DMA Support | Bullish | -1.65% | |
Overbought Stochastic | Strength | -1.65% | |
Up 3 Days in a Row | Strength | -1.65% | |
Up 4 Days in a Row | Strength | -1.65% | |
200 DMA Support | Bullish | -0.90% | |
New Uptrend | Bullish | -0.90% | |
NR7 | Range Contraction | -0.90% | |
Narrow Range Bar | Range Contraction | -0.90% | |
Overbought Stochastic | Strength | -0.90% | |
Up 3 Days in a Row | Strength | -0.90% |
Alert | Time |
---|---|
60 Minute Opening Range Breakdown | about 4 hours ago |
Outside Day | about 4 hours ago |
Fell Below Previous Day's Low | about 4 hours ago |
Fell Below 200 DMA | about 5 hours ago |
200 DMA Support | about 5 hours ago |
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 04/25/2024
Redwood Trust, Inc. engages in investing, financing, and managing real estate-related assets. The company's investments primarily include residential mortgage loans; commercial mortgage loans and other forms of commercial real estate financing; and securities collateralized by mortgage loans or other real estate-related debt. It qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, the company is not subject to federal income tax, if it distributes at least 90% of its income generated from the investment portfolio as dividends to its stockholders. Redwood Trust, Inc. was founded in 1994 and is headquartered in Mill Valley, California.
Sector: Real Estate
Industry: REIT - Diversified
Keywords: Real Estate Investment Trust Structured Finance Mortgage Backed Security Mortgage Loan Real Estate Mortgage Investment Conduit Real Estate Investing Private Money Investing Real Estate Financing
Classification
Sector: Real Estate
Industry: REIT - Diversified
Keywords: Real Estate Investment Trust Structured Finance Mortgage Backed Security Mortgage Loan Real Estate Mortgage Investment Conduit Real Estate Investing Private Money Investing Real Estate Financing
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 7.7389 |
52 Week Low | 5.0319 |
Average Volume | 1,542,531 |
200-Day Moving Average | 6.59 |
50-Day Moving Average | 6.08 |
20-Day Moving Average | 6.18 |
10-Day Moving Average | 6.47 |
Average True Range | 0.17 |
RSI (14) | 68.05 |
ADX | 26.71 |
+DI | 33.00 |
-DI | 14.68 |
Chandelier Exit (Long, 3 ATRs) | 6.16 |
Chandelier Exit (Short, 3 ATRs) | 6.03 |
Upper Bollinger Bands | 6.91 |
Lower Bollinger Band | 5.44 |
Percent B (%b) | 0.84 |
BandWidth | 23.74 |
MACD Line | 0.18 |
MACD Signal Line | 0.12 |
MACD Histogram | 0.0608 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 6.83 | ||||
Resistance 3 (R3) | 6.81 | 6.75 | 6.81 | ||
Resistance 2 (R2) | 6.75 | 6.71 | 6.76 | 6.80 | |
Resistance 1 (R1) | 6.71 | 6.68 | 6.73 | 6.73 | 6.79 |
Pivot Point | 6.65 | 6.65 | 6.66 | 6.66 | 6.65 |
Support 1 (S1) | 6.61 | 6.61 | 6.63 | 6.63 | 6.57 |
Support 2 (S2) | 6.55 | 6.58 | 6.56 | 6.56 | |
Support 3 (S3) | 6.51 | 6.55 | 6.56 | ||
Support 4 (S4) | 6.53 |