Free Point and Figure charts Redwood Trust, Inc. RWT share NYSE Stock Exchange

Stock RWT - Share Redwood Trust, Inc. trades in NYSE under Consumer Services Deals in Real Estate Investment Trusts

Daily Support: 6.43
Daily Resistance: 6.57
5 Day Moving Average is 6.41
20 Day Moving Average is 6.75

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 28 Jun 2024	1.41%	6.46	6.49	6.50	6.36	1.08 times
Thu 27 Jun 2024	0.63%	6.38	6.40	6.42	6.32	0.43 times
Wed 26 Jun 2024	-0.78%	6.37	6.36	6.40	6.34	0.39 times
Tue 25 Jun 2024	0.31%	6.37	6.41	6.43	6.34	0.43 times
Mon 24 Jun 2024	0.95%	6.33	6.39	6.43	6.33	0.45 times
Fri 21 Jun 2024	-2.47%	6.34	6.33	6.37	6.28	1.37 times
Thu 20 Jun 2024	-0.92%	6.50	6.49	6.55	6.46	0.78 times
Tue 18 Jun 2024	0%	6.67	6.55	6.68	6.52	0.49 times
Tue 18 Jun 2024	-1.8%	6.67	6.55	6.68	6.52	0.49 times
Mon 17 Jun 2024	2.62%	6.45	6.67	6.68	6.45	0.47 times

Point & Figure Charts for Redwood Trust, Inc. RWT

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Redwood Trust, Inc. RWT and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Redwood Trust, Inc. RWT stock.