Logo image of TWER

Towerstream Corp. (TWER) Stock Technical Analysis

USA - Nasdaq - NASDAQ:TWER -

0.22
-0.13 (-37.14%)
Last: 11/30/2016, 8:14:57 PM
0.22
0 (0%)
After Hours: 11/30/2016, 8:14:57 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TWER. TWER 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, TWER is a bad performer in the overall market: 100% of all stocks are doing better.
TWER is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TWER has a been trading in the 0.21 - 1.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TWER has an average volume of 1204500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
Towerstream Corp. / TWER Weekly stock chart
Towerstream Corp. / TWER Daily stock chart
Setup Rating and Analysis

3

The technical rating of TWER is bad and it also does not present a quality setup 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TWER is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TWER is down.
ChartMill Relative Strength0.58NEGATIVETWER has a low relative strength, it was outperformed by 99.42% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TWER is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TWER is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TWER is below a declining SMA(200).
Relative Strength Index/RSI (14)21.11OVERSOLDThe low RSI value suggests TWER may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests TWER has a negative trend.
Stochastics (14,3)2.22OVERSOLDThe low Stochastics value suggests TWER may be oversold.
Average True Range in percent/ATR (20)58.04HIGH VOLATILITYThe high ATR as a percentage value for TWER suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Towerstream Corp. / TWER Daily stock chart

Towerstream Corp.

NASDAQ:TWER (11/30/2016, 8:14:57 PM)

After market: 0.22 0 (0%)

0.22

-0.13 (-37.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-37.14%
1 Week-60%
2 Weeks-67.16%
1 Month-81.82%
3 Month-90.18%
6 Month-93.89%
12 Month-97.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%58.04%
ATR Inc-11.79%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.58
3 months CRSN/A
6 months CRSN/A
Mansfield-9.38
10 Day High0.74
10 Day Low0.21
20 Day High1.24
20 Day Low0.21
52 Week High11.4
52 Week Low0.21
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-9.73%
DER(5)-12.05%
Volume4.31M
Volume Incr136.52%
Vol(5)2.84M
Vol(50)1.20M

Towerstream Corp. / TWER FAQ

What is the ChartMill technical rating of Towerstream Corp. (TWER) stock?

ChartMill assigns a technical rating of 0 / 10 to TWER.


Can you provide the trend direction for Towerstream Corp.?

The current trend direction for Towerstream Corp. (TWER) is Bearish.


Can you provide the RSI signal for Towerstream Corp.?

Towerstream Corp. (TWER) has an RSI value of 21.1056. This indicates that the stock is currently oversold.


Can you provide the short term momentum for Towerstream Corp.?

The short term momentum for Towerstream Corp. (TWER) is negative.


What is the buy/sell signal for TWER stock?

The buy/sell signal for Towerstream Corp. (TWER) is sell as both the short term and long term trends are negative.