
Towerstream Corp. (TWER) Technical Analysis
NASDAQ:TWER
Current stock price
TWER Technical Rating and Analysis
Overall TWER gets a technical rating of 0 out of 10. 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.
- 100% of all other stocks performed better in the past year than TWER.
- TWER is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TWER is lagging the market.
- 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.
TWER Weekly and Daily overview Charts
TWER Setup Rating and Analysis
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.
More info and screens
TWER Support and Resistance Analysis
TWER 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 | DOWN | NEGATIVE | The long term trend for TWER is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TWER is down. |
| ChartMill Relative Strength | 0.58 | NEGATIVE | TWER has a low relative strength, it was outperformed by 99.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWER is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TWER is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.11 | OVERSOLD | The low RSI value suggests TWER may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TWER has a negative trend. |
| Stochastics (14,3) | 2.22 | OVERSOLD | The low Stochastics value suggests TWER may be oversold. |
| Average True Range in percent/ATR (20) | 58.04 | HIGH VOLATILITY | The high ATR as a percentage value for TWER suggests high volalility. |
TWER Chart- and CandleStick Pattern Analysis
TWER Technicals: Chart, Performance Metrics, Trend & Indicators
0.22
-0.13 (-37.14%)
Towerstream Corp. / TWER TA FAQ
What is the ChartMill technical rating of Towerstream Corp. (TWER) stock?
ChartMill assigns a technical rating of 0 / 10 to TWER.
What is the current trend direction of Towerstream Corp. (TWER) stock?
The current trend direction for Towerstream Corp. (TWER) is Bearish.
What is the RSI signal for TWER stock?
Towerstream Corp. (TWER) has an RSI value of 21.1056. This indicates that the stock is currently oversold.
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.