TIMBERLAND BANCORP INC (TSBK) Technical Analysis
NASDAQ:TSBK • US8870981011
Current stock price
TSBK Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to TSBK. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: TSBK has an average volume of 21032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, TSBK did better than 81% of all other stocks. On top of that, TSBK also shows a nice and consistent pattern of rising prices.
- TSBK is part of the Banks industry. There are 381 other stocks in this industry. TSBK outperforms 84% of them.
- TSBK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TSBK is performing more or less in line with the market.
- In the last month TSBK has a been trading in the 36.77 - 39.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
TSBK Weekly and Daily overview Charts
TSBK Setup Rating and Analysis
Besides having an excellent technical rating, TSBK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.07, a Stop Loss order could be placed below this zone.
More info and screens
TSBK Support and Resistance Analysis
30.66
We found 5 important support areas.
- A support zone ranging from 37.54 to 38.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.49 from a trend line in the weekly time frame.
- Support @32.78 from a trend line in the daily time frame.
- Support @31.85 from a horizontal line in the daily time frame.
- Support @30.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.63 to 39.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
TSBK Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for TSBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSBK is neutral. |
| ChartMill Relative Strength | 81.3 | POSITIVE | TSBK has a high relative strength, it outperformed 81.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.01 | NEUTRAL | The RSI value for TSBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TSBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.87 | NEUTRAL | The Stochastics value for TSBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TSBK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for TSBK suggests a weak or negative trend. |
TSBK Chart- and CandleStick Pattern Analysis
TSBK Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.23 | 37.53 | 0.70 (1.82%) | 25.00% |
| An entry @38.23. This is a Buy Stop order right above the 10 day moving average. | An exit @37.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.70 points, which is 1.82%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TSBK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSBK Technicals: Chart, Performance Metrics, Trend & Indicators
38.19
-0.27 (-0.7%)
TIMBERLAND BANCORP INC / TSBK TA FAQ
What is the ChartMill technical rating of TIMBERLAND BANCORP INC (TSBK) stock?
ChartMill assigns a technical rating of 8 / 10 to TSBK.
What is the trend direction for TSBK stock?
The current trend direction for TIMBERLAND BANCORP INC (TSBK) is Bullish.
What is the RSI signal for TSBK stock?
TIMBERLAND BANCORP INC (TSBK) has an RSI value of 49.0087. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TIMBERLAND BANCORP INC?
The MACD indicator for TIMBERLAND BANCORP INC (TSBK) has a value of -0.080662, indicating a bearish trend.
What is the support and resistance level for TSBK stock?
TIMBERLAND BANCORP INC (TSBK) has a support level at 38.07 and a resistance level at 39.63. Check the full technical report for our detailed analysis of TSBK support and resistance levels.