TOWNE BANK (TOWN)
US89214P1093 - Common Stock
We assign a technical rating of 4 out of 10 to TOWN. TOWN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month TOWN has a been trading in the 33.87 - 38.28 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, TOWN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
TOWN is an average performer in the Banks industry, it outperforms 46% of 406 stocks in the same industry.
TOWN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TOWN is lagging the market slightly.
Volume is considerably higher in the last couple of days.
TOWN has an average technical rating and it also does not offer a high 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
29.02
38.01
3 important support areas can be observed.
- Support @33.93 from a trend line in the daily time frame.
- A support zone ranging from 31.97 to 32.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.31 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.59 to 35.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.63 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.98
Mansfield0.32
10 Day High37.81
10 Day Low33.87
20 Day High38.28
20 Day Low33.87
52 Week High38.28
52 Week Low25.7
Performance
1 Week-5.56%
2 Weeks-7.17%
1 Month-2.8%
3 Month0.38%
6 Month31.39%
12 Month13.72%
2 Year11.28%
3 Year8.64%
5 Year23.36%
10 Year126.98%
15 Year193.84%
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)
Technical Indicators
MACD(12,26,9)-0.42
RSI(14)37.79
LBB33.94
UBB38.54
TOWNE BANK
NASDAQ:TOWN (12/20/2024, 8:00:01 PM)
After market: 34.32 0 (0%)34.32
+0.17 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.5%
1 Week-5.56%
2 Weeks-7.17%
1 Month-2.8%
3 Month0.38%
6 Month31.39%
12 Month13.72%
2 Year11.28%
3 Year8.64%
5 Year23.36%
10 Year126.98%
15 Year193.84%
Volatility
ATR(14)0.91
ATR(20)%2.66%
ATR Inc33.21%
Range Today1.07
ADR(20)0.88
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.98
Mansfield0.32
10 Day High37.81
10 Day Low33.87
20 Day High38.28
20 Day Low33.87
52 Week High38.28
52 Week Low25.7
CS1 End33.93
CR1 Start34.59
Volume & EV
DER(3)-5.39%
DER(5)-4.02%
Volume658.70K
Volume Incr51.48%
Vol(5)383.88K
Vol(50)269.25K