TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
USA - NYSE:TSQ - US8922311019 - Common Stock
6.85 USD
0 (0%)
6.85 USD
0 (0%)
Overall TSQ gets a technical rating of 0 out of 10. TSQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TSQ is a bad performer in the overall market: 91% of all stocks are doing better.
TSQ is part of the Media industry. There are 100 other stocks in this industry, of which 63% are performing better than TSQ.
TSQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TSQ has a been trading in the 6.75 - 7.41 range, which is quite wide. It is currently trading near the lows of this range.
TSQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.70, a Stop Loss order could be placed below this zone. 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
6.45
9.37
We found 1 important support area.
- A support zone ranging from 6.52 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.93 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.71 from a trend line in the daily time frame.
- Resistance @9.28 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 | NEUTRAL | NEUTRAL | The short term trend for TSQ is neutral. |
| ChartMill Relative Strength | 9.18 | NEGATIVE | TSQ has a low relative strength, it was outperformed by 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSQ is below 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) | 43.36 | NEUTRAL | The RSI value for TSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TSQ has a negative trend. |
| Stochastics (14,3) | 17.07 | OVERSOLD | The low Stochastics value suggests TSQ may be oversold. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for TSQ suggests some volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for TSQ suggests a weak or negative trend. |
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)
6.85
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week-1.3%
2 Weeks-3.66%
1 Month-0.72%
3 Month-11.5%
6 Month-15.33%
12 Month-32.78%
2 Year-21.44%
3 Year-5.65%
5 Year47%
10 Year-29.89%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.83%
ATR Inc73.05%
Range Today0.25
ADR(20)0.19
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.18
Mansfield-2.56
10 Day High7.23
10 Day Low6.79
20 Day High7.41
20 Day Low6.75
52 Week High10.79
52 Week Low6.47
CS1 End6.7
CR1 Start6.93
Volume & EV
DER(3)4.87%
DER(5)1.06%
Volume54.80K
Volume Incr28.68%
Vol(5)56.18K
Vol(50)67.71K