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Is RWT setting up for a drop? Shooting Star Candlestick shows up after dropping 0.29%

Redwood Trust, Inc. (RWT) — SwingTradeBot Technical Analysis Report · Jul 13, 2026, 17:38 ET
RWT closed down 0.29% on Monday, July 13th, with volume running 0.3× below average. reversal patterns (Doji - Bearish?) combined with consolidation patterns (Calm After Storm) suggest a potential shift in market dynamics. Key support levels exist at 5.03, 4.98 & 4.91, with resistance at 5.16, 5.23 & 5.28. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of RWT: D

Don’t miss other key signals RWT triggered—view them now on SwingTradeBot.com.

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Redwood Trust, Inc. (RWT)