TIMBERLAND BANCORP INC (TSBK) Technical Analysis
NASDAQ:TSBK • US8870981011
Current stock price
TSBK Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TSBK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TSBK is showing a nice and steady performance.
- In the last month TSBK has a been trading in the 38.60 - 43.55 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that TSBK is one of the better performing stocks in the market, outperforming 71% of all stocks.
- TSBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TSBK is lagging the market slightly.
- TSBK is an average performer in the Banks industry, it outperforms 69% of 376 stocks in the same industry.
TSBK Weekly and Daily overview Charts
TSBK Setup Rating and Analysis
TSBK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TSBK Support and Resistance Analysis
33.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.41 to 40.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.65 to 37.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.64 to 41.57. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 71.57 | POSITIVE | TSBK has a high relative strength, it outperformed 71.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSBK is below the rising 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) | 49.31 | NEUTRAL | The RSI value for TSBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TSBK has a negative trend. |
| Stochastics (14,3) | 28.27 | NEUTRAL | The Stochastics value for TSBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TSBK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | 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 |
|---|---|---|---|
| 41.58 | 39.40 | 2.18 (5.24%) | 19.07% |
| An entry @41.58. This is a Buy Stop order right above the resistance zone. | An exit @39.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.18 points, which is 5.24%. | When investing 19.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
40.37
+0.49 (+1.23%)
TIMBERLAND BANCORP INC / TSBK TA FAQ
What is the ChartMill technical rating of TIMBERLAND BANCORP INC (TSBK) stock?
ChartMill assigns a technical rating of 7 / 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 TIMBERLAND BANCORP INC (TSBK) stock?
TIMBERLAND BANCORP INC (TSBK) has an RSI value of 49.3069. This indicates that the stock is currently neutral.
What is the support and resistance level for TSBK stock?
TIMBERLAND BANCORP INC (TSBK) has a support level at 40.05 and a resistance level at 40.64. Check the full technical report for our detailed analysis of TSBK support and resistance levels.