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REDWOODS ACQUISITION-RIGHTS (RWODR) Stock Technical Analysis

NASDAQ:RWODR - Nasdaq - US7580831250 - Currency: USD

0.21  -0.04 (-16%)

After market: 0.2164 +0.01 (+3.05%)

Technical Rating and Analysis

7

Overall RWODR gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RWODR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RWODR is performing more or less in line with the market.
In the last month RWODR has a been trading in the 0.08 - 0.30 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RWODR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
REDWOODS ACQUISITION-RIGHTS / RWODR Weekly stock chart
REDWOODS ACQUISITION-RIGHTS / RWODR Daily stock chart
Setup Rating and Analysis

3

Although RWODR has an excellent technical rating, it does not offer a high quality setup 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.

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RWODR is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for RWODR is neutral.
ChartMill Relative Strength91.06POSITIVERWODR has a high relative strength, it outperformed 91.06% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of RWODR is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of RWODR is below the rising SMA(50).
Relative Strength Index/RSI (14)40.3NEUTRALThe RSI value for RWODR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests RWODR has a negative trend.
Stochastics (14,3)57.21NEUTRALThe Stochastics value for RWODR is a neutral value.
Average True Range in percent/ATR (20)23.85HIGH VOLATILITYThe high ATR as a percentage value for RWODR suggests high volalility.
Average Directional Index/ADX (14)28.75POSITIVEThe high ADX value value for RWODR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
REDWOODS ACQUISITION-RIGHTS / RWODR Daily stock chart

REDWOODS ACQUISITION-RIGHTS

NASDAQ:RWODR (6/21/2024, 8:22:35 PM)

After market: 0.2164 +0.01 (+3.05%)

0.21

-0.04 (-16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-16%
1 Week-19.23%
2 Weeks-29.95%
1 Month-26.42%
3 Month-15.97%
6 Month91.26%
12 Month68.27%
2 Year109.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%23.85%
ATR Inc62.1%
Range Today0.08
ADR(20)0.04
ADR(20)%19.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.06
Mansfield1.33
10 Day High0.3
10 Day Low0.19
20 Day High0.3
20 Day Low0.08
52 Week High0.3
52 Week Low0.03
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)16.95%
DER(5)28.64%
Volume497.50K
Volume Incr1297.67%
Vol(5)144.24K
Vol(50)119.16K