TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
NYSE:TSQ - New York Stock Exchange, Inc. - US8922311019 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TSQ. TSQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TSQ is a bad performer in the overall market: 87% of all stocks are doing better.
TSQ is one of the lesser performing stocks in the Media industry. 63% of 96 stocks in the same industry do better.
TSQ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TSQ is lagging the market.
In the last month TSQ has a been trading in the 6.47 - 7.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TSQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TSQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.84
9.85
We can see 3 important resistance areas.
- A resistance zone ranging from 7.07 to 7.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.28 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.75 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.09
Mansfield-3
10 Day High7.5
10 Day Low6.73
20 Day High7.5
20 Day Low6.47
52 Week High12.32
52 Week Low6.47
Performance
1 Week-5.86%
2 Weeks0.29%
1 Month0.88%
3 Month-20.76%
6 Month-30.97%
12 Month-37.8%
2 Year-28.32%
3 Year-29.85%
5 Year54.59%
10 Year-47.13%
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)0.03
RSI(14)44.95
LBB6.66
UBB7.37
6.91
+0.08 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.17%
1 Week-5.86%
2 Weeks0.29%
1 Month0.88%
3 Month-20.76%
6 Month-30.97%
12 Month-37.8%
2 Year-28.32%
3 Year-29.85%
5 Year54.59%
10 Year-47.13%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.14%
ATR Inc-16.02%
Range Today0.23
ADR(20)0.28
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.09
Mansfield-3
10 Day High7.5
10 Day Low6.73
20 Day High7.5
20 Day Low6.47
52 Week High12.32
52 Week Low6.47
CS1 EndN/A
CR1 Start7.07
Volume & EV
DER(3)8.11%
DER(5)4.33%
Volume91.50K
Volume Incr41.29%
Vol(5)97.16K
Vol(50)74.07K