We assign a technical rating of 4 out of 10 to TOWN. Recently some decent action could be observed, but in the medium term time frame this is still negative. TOWN was also a bad performer in the overall market in the last year.
TOWN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.50 to 33.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.82 from a horizontal line in the weekly time frame.
- Support @32.28 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 35.24 to 35.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.39 to 37.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TOWN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOWN is neutral. |
| ChartMill Relative Strength | 33.39 | NEUTRAL | TOWN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TOWN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOWN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TOWN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for TOWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TOWN has a negative trend. |
| Stochastics (14,3) | 36.07 | NEUTRAL | The Stochastics value for TOWN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for TOWN suggests low volalility. |
| Average Directional Index/ADX (14) | 32.91 | POSITIVE | The high ADX value value for TOWN suggests a strong trend. |
NASDAQ:TOWN (12/24/2025, 12:01:24 PM)
33.935
-0.29 (-0.86%)
TOWNE BANK / TOWN FAQ
What is the technical rating for TOWN stock?
ChartMill assigns a technical rating of 4 / 10 to TOWN.
What is the trend direction for TOWN stock?
The current trend direction for TOWNE BANK (TOWN) is Bearish.
What is the RSI signal for TOWNE BANK (TOWN) stock?
TOWNE BANK (TOWN) has an RSI value of 47.851. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOWNE BANK?
The MACD indicator for TOWNE BANK (TOWN) has a value of -0.0623356, indicating a bearish trend.