TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSQ - US8922311019 - Common Stock
We assign a technical rating of 2 out of 10 to TSQ. In the past year, TSQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
TSQ has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.97
We found 2 important support areas.
- A support zone ranging from 5.24 to 5.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.02 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @6.08 from a trend line in the daily time frame.
- Resistance @6.20 from a trend line in the weekly time frame.
- Resistance @6.50 from a trend line in the weekly time frame.
- Resistance @7.28 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for TSQ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSQ is up. |
| ChartMill Relative Strength | 12.78 | NEGATIVE | TSQ has a low relative strength, it was outperformed by 87.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TSQ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for TSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TSQ has a positive trend. |
| Stochastics (14,3) | 74.23 | NEUTRAL | The Stochastics value for TSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for TSQ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.38 | NEGATIVE | The low ADX value for TSQ suggests a weak or negative trend. |
5.63
+0.15 (+2.74%)
TOWNSQUARE MEDIA INC - CL A / TSQ FAQ
Can you provide the ChartMill technical rating for TOWNSQUARE MEDIA INC - CL A?
ChartMill assigns a technical rating of 2 / 10 to TSQ.
What is the current trend direction of TOWNSQUARE MEDIA INC - CL A (TSQ) stock?
The current trend direction for TOWNSQUARE MEDIA INC - CL A (TSQ) is Bearish.
What is the RSI signal for TOWNSQUARE MEDIA INC - CL A (TSQ) stock?
TOWNSQUARE MEDIA INC - CL A (TSQ) has an RSI value of 61.5933. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOWNSQUARE MEDIA INC - CL A?
The MACD indicator for TOWNSQUARE MEDIA INC - CL A (TSQ) has a value of 0.0566812, indicating a bearish trend.
What is the buy/sell signal for TSQ stock?
The buy/sell signal for TOWNSQUARE MEDIA INC - CL A (TSQ) is hold as the short term and long term trends are mixed.