NYSE:RWT - New York Stock Exchange, Inc. - US7580754023 - REIT - Currency: USD
Taking everything into account, RWT scores 1 out of 10 in our technical rating. RWT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of RWT is bad and it also does not present a 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.
5.35
We found 2 important support areas.
2 important resistance areas can be observed.
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.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RWT is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RWT is down. |
ChartMill Relative Strength | 17.11 | NEGATIVE | RWT has a low relative strength, it was outperformed by 82.89% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RWT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of RWT is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RWT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for RWT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RWT has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 39.66 | NEUTRAL | The Stochastics value for RWT is a neutral value. |
Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RWT suggests some volalility. |
Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for RWT suggests a weak or negative trend. |
5.72
+0.07 (+1.24%)