TOWNSQUARE MEDIA INC - CL A (TSQ)

US8922311019 - Common Stock

11.55  +0.02 (+0.17%)

After market: 11.55 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to TSQ. In the last year, TSQ was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month TSQ has a been trading in the 11.31 - 12.92 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TSQ did better than 80% of all other stocks. On top of that, TSQ also shows a nice and consistent pattern of rising prices.
TSQ is one of the better performing stocks in the Media industry, it outperforms 81% of 96 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TSQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSQ is lagging the market.
Weekly and Daily overview Charts
TSQ Weekly chart
TSQ Daily chart
Setup Rating and Analysis

3

Although TSQ has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

8.92

13.25

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 11.40 to 11.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.88 from a trend line in the daily time frame.
  • A support zone ranging from 10.35 to 10.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @10.11 from a horizontal line in the daily time frame.
  • Support @9.01 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @13.12 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.83
Mansfield-0.34
10 Day High12.92
10 Day Low11.31
20 Day High12.92
20 Day Low11.31
52 Week High13.57
52 Week Low8
Performance
1 Week-5.17%
2 Weeks-7.53%
1 Month-3.02%
3 Month10.1%
6 Month21.2%
12 Month30.51%
2 Year17.26%
3 Year-16.49%
5 Year110%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)41.07
LBB11.18
UBB12.99
TSQ Daily chart

TOWNSQUARE MEDIA INC - CL A

NYSE:TSQ (5/17/2024, 7:04:00 PM)

After market: 11.55 0 (0%)

11.55

+0.02 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.17%
1 Week-5.17%
2 Weeks-7.53%
1 Month-3.02%
3 Month10.1%
6 Month21.2%
12 Month30.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%3.15%
ATR Inc
Range Today0.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.92
10 Day Low11.31
20 Day High12.92
20 Day Low11.31
52 Week High13.57
52 Week Low8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume45.50K
Volume Incr-0.92%
Vol(5)52.84K
Vol(50)71.96K