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RWT makes New 52 Week Closing Low on June 25
RWT closed down 2.08% on Thursday, June 25th, with volume running 0.5× below average. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, New Downtrend & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 4.65, 4.6 & 4.48, with resistance at 4.82, 4.94 & 4.99. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RWT: F
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