Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of RWT-PA will rise by +4.75% over the next 2 Weeks and hit $24.64 by Friday, November 24, 2023. In that time frame, RWT-PA's share price is expected to range between $24.17 and $25.06.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 24.22 | 24.64 | 25.11 |
| Nov 23, 2023 | 24.05 | 24.48 | 24.91 |
| Nov 22, 2023 | 23.93 | 24.35 | 24.76 |
| Nov 21, 2023 | 23.82 | 24.25 | 24.68 |
| Nov 20, 2023 | 23.89 | 24.32 | 24.74 |
| Nov 17, 2023 | 23.72 | 24.12 | 24.56 |
| Nov 16, 2023 | 23.57 | 23.96 | 24.39 |
| Nov 15, 2023 | 23.42 | 23.84 | 24.24 |
| Nov 14, 2023 | 23.35 | 23.74 | 24.14 |
| Nov 13, 2023 | 23.40 | 23.81 | 24.21 |
| Nov 10, 2023 | 22.96 | 23.39 | 23.85 |
| Nov 9, 2023 | 23.26 | 23.67 | 24.09 |
| Nov 8, 2023 | 23.14 | 23.55 | 23.96 |
| Nov 7, 2023 | 23.07 | 23.45 | 23.88 |
RWT-PA shares rose +0.04% in Friday, September 11, 2026's trading session, rising from a previous close of $23.51 to move at $23.52. The stock demonstrated notable intraday movement (see RWT-PA's key stats for a full breakdown), fluctuating between $23.52 and $24.08, a +2.38% trading range. While recent weeks have seen some volatility, RWT-PA has managed to secure a -4.89% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 6.46K shares changing hands, 21.39K fewer than the previous session. This amounted to $151.85K in total market activity.
Will RWT-PA Continue Its Upward Trend?
According to analyst ratings and projections for RWT-PA, Redwood Trust, Inc. shares are anticipated to increase by +6.32%, potentially reaching $25.11 per share by November 24, 2023. Short-term technical indicators currently suggest a neutral sentiment for RWT-PA. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 12 positive trading days within the past 30 sessions. Based on the RWT-PA stock forecast, now is a good time to buy RWT-PA stock because its current trading price is -4.53% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on RWT-PA covering social and institutional perspectives.
RWT-PA Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into RWT-PA's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 15.39% to 28.42%) suggest the stock is in a strong bearish momentum phase. The 50-day RSI, at 40.26%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 44.89%, maintains a neutral outlook for the long term. Insights into RWT-PA's shareholder base show how institutional investors are positioning themselves during these momentum shifts

