TOWNSQUARE MEDIA INC - CL A (TSQ) Technical Analysis
NYSE:TSQ • US8922311019
Current stock price
TSQ Technical Rating and Analysis
Taking everything into account, TSQ scores 3 out of 10 in our technical rating. In the last year, TSQ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 76% of all other stocks performed better in the past year than TSQ.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- TSQ is an average performer in the Media industry, it outperforms 55% of 91 stocks in the same industry.
- 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.
- In the last month TSQ has a been trading in the 5.20 - 7.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TSQ Weekly and Daily overview Charts
TSQ Setup Rating and Analysis
TSQ has a poor technical rating and the quality of the setup is also only medium 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
TSQ Support and Resistance Analysis
4.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.24 to 6.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.13 from a trend line in the weekly time frame.
- A support zone ranging from 5.03 to 5.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.08 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.41 from a horizontal line in the weekly time frame.
TSQ 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 | NEUTRAL | NEUTRAL | The long term trend for TSQ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSQ is neutral. |
| ChartMill Relative Strength | 24.52 | NEGATIVE | TSQ has a low relative strength, it was outperformed by 75.48% 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 | MIXED | The current price of TSQ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for TSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TSQ has a negative trend. |
| Stochastics (14,3) | 28.44 | NEUTRAL | The Stochastics value for TSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for TSQ suggests high volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for TSQ suggests a possible start of a new trend. |
TSQ Chart- and CandleStick Pattern Analysis
TSQ Technicals: Chart, Performance Metrics, Trend & Indicators
6.52
+0.06 (+0.93%)
TOWNSQUARE MEDIA INC - CL A / TSQ TA FAQ
Can you provide the ChartMill technical rating for TOWNSQUARE MEDIA INC - CL A?
ChartMill assigns a technical rating of 3 / 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 TSQ stock?
TOWNSQUARE MEDIA INC - CL A (TSQ) has an RSI value of 51.3322. This indicates that the stock is currently neutral.
What is the short term momentum for TOWNSQUARE MEDIA INC - CL A (TSQ) stock?
The short term momentum for TOWNSQUARE MEDIA INC - CL A (TSQ) is neutral.
What is the support and resistance level for TSQ stock?
TOWNSQUARE MEDIA INC - CL A (TSQ) has a support level at 6.45 and a resistance level at 6.9. Check the full technical report for our detailed analysis of TSQ support and resistance levels.