REDWOOD TRUST INC - RWT 9 09/01/29 (RWTO) Stock Technical Analysis
NYSE:RWTO - New York Stock Exchange, Inc. - US7580758735 - Currency: USD
We assign a technical rating of 2 out of 10 to RWTO. RWTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, RWTO is a bad performer in the overall market: 100% of all stocks are doing better.
RWTO is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 93% of 65 stocks in the same industry do better.
Warning: RWTO has an average volume of 11522 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RWTO has a been trading in the 23.60 - 25.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Considerably lower volume is observed in the last couple of days.
RWTO 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
23.02
26.06
2 important support areas can be observed.
- A support zone ranging from 24.49 to 24.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.25 to 23.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.15 to 25.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.70 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for RWTO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RWTO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | RWTO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RWTO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RWTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.93 | NEUTRAL | The RSI value for RWTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RWTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.66 | NEUTRAL | The Stochastics value for RWTO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for RWTO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for RWTO suggests a weak or negative trend. |
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)
REDWOOD TRUST INC - RWT 9 09/01/29
NYSE:RWTO (5/23/2025, 8:54:08 PM)
24.71
+0.66 (+2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.74%
1 Week1.1%
2 Weeks-0.28%
1 Month-0.84%
3 Month-0.04%
6 Month-1.16%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1.6%
ATR Inc60.72%
Range Today0.8
ADR(20)0.38
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.94
10 Day Low23.6
20 Day High25.25
20 Day Low23.6
52 Week HighN/A
52 Week LowN/A
CS1 End24.7
CR1 Start25.15
Volume & EV
DER(3)-10.61%
DER(5)-3.91%
Volume4.90K
Volume Incr-46.18%
Vol(5)6.58K
Vol(50)11.52K