TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
USA - NYSE:TSQ - US8922311019 - Common Stock
We assign a technical rating of 0 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.
TSQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
6.02
When analyzing the support we notice one important area.
- A support zone ranging from 6.08 to 6.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 6.64 to 6.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.84 from a horizontal line in the daily time frame.
- Resistance @6.97 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.17 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for TSQ is down. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | TSQ has a low relative strength, it was outperformed by 89.44% 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) | 43.19 | NEUTRAL | The RSI value for TSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for TSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for TSQ suggests some volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for TSQ suggests a weak or negative trend. |
6.28
+0.04 (+0.64%)
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 0 / 10 to TSQ.
What is the trend direction for TSQ stock?
The current trend direction for TOWNSQUARE MEDIA INC - CL A (TSQ) is Bearish.
Can you provide the RSI signal for TOWNSQUARE MEDIA INC - CL A?
TOWNSQUARE MEDIA INC - CL A (TSQ) has an RSI value of 43.1944. This indicates that the stock is currently neutral.
What is the MACD signal for TOWNSQUARE MEDIA INC - CL A (TSQ) stock?
The MACD indicator for TOWNSQUARE MEDIA INC - CL A (TSQ) has a value of 0.0130198, indicating a bearish trend.
Can you provide the short term momentum for TOWNSQUARE MEDIA INC - CL A?
The short term momentum for TOWNSQUARE MEDIA INC - CL A (TSQ) is negative.