Technical Analysis for RWT - Redwood Trust, Inc.

Grade Last Price % Change Price Change
B 11.18 -1.41% -0.16
RWT closed down 1.41 percent on Thursday, May 6, 2021, on 1.17 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical RWT trend table...

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Older End-of-Day Signals for RWT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Support about 19 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Fell Below 10 DMA about 20 hours ago
Down 3% about 20 hours ago
Down 1 ATR about 20 hours ago
View Earlier Intraday Alerts

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Profile

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.
Classification

Sector: Real Estate
Industry: REIT - Diversified
Keywords: Real Estate Investment Trust Structured Finance Mortgage Loan Mortgage Backed Security Real Estate Mortgage Investment Conduit Real Estate Investing Real Estate Financing Private Money Investing

Is RWT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.42
52 Week Low 3.3
Average Volume 950,417
200-Day Moving Average 8.81
50-Day Moving Average 10.43
20-Day Moving Average 10.64
10-Day Moving Average 10.97
Average True Range 0.30
ADX 17.44
+DI 22.59
-DI 21.97
Chandelier Exit (Long, 3 ATRs ) 10.52
Chandelier Exit (Short, 3 ATRs ) 10.89
Upper Bollinger Band 11.40
Lower Bollinger Band 9.88
Percent B (%b) 0.86
BandWidth 14.26
MACD Line 0.25
MACD Signal Line 0.18
MACD Histogram 0.07
Fundamentals Value
Market Cap 1.25 Billion
Num Shares 112 Million
EPS 1.18
Price-to-Earnings (P/E) Ratio 9.48
Price-to-Sales 7.67
Price-to-Book 0.95
PEG Ratio 1.39
Dividend 0.56
Dividend Yield 5.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.10
Resistance 3 (R3) 12.07 11.75 11.94
Resistance 2 (R2) 11.75 11.51 11.76 11.89
Resistance 1 (R1) 11.46 11.37 11.30 11.49 11.84
Pivot Point 11.14 11.14 11.06 11.15 11.14
Support 1 (S1) 10.85 10.90 10.69 10.88 10.52
Support 2 (S2) 10.53 10.76 10.54 10.47
Support 3 (S3) 10.24 10.53 10.42
Support 4 (S4) 10.27