TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSQ - US8922311019 - Common Stock
Taking everything into account, TSQ scores 1 out of 10 in our technical rating. 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.
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
5.03
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 5.11 to 5.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.29 from a trend line in the daily time frame.
- A resistance zone ranging from 5.40 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.15 from a trend line in the daily time frame.
- Resistance @6.27 from a trend line in the weekly time frame.
- Resistance @6.56 from a trend line in the weekly time frame.
- Resistance @7.28 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 | NEGATIVE | TSQ has a low relative strength, it was outperformed by 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSQ is below the rising 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) | 45.99 | 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) | 17.81 | OVERSOLD | The low Stochastics value suggests TSQ may be oversold. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TSQ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for TSQ suggests a weak or negative trend. |
5.08
-0.06 (-1.17%)
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 1 / 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 TOWNSQUARE MEDIA INC - CL A (TSQ) stock?
TOWNSQUARE MEDIA INC - CL A (TSQ) has an RSI value of 45.9859. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOWNSQUARE MEDIA INC - CL A?
The MACD indicator for TOWNSQUARE MEDIA INC - CL A (TSQ) has a value of 0.00618657, indicating a bearish trend.
What is the buy/sell signal for TSQ stock?
The buy/sell signal for TOWNSQUARE MEDIA INC - CL A (TSQ) is sell as both the short term and long term trends are negative.