TOWNE BANK (TOWN) Stock Technical Analysis
NASDAQ:TOWN - Nasdaq - US89214P1093 - Common Stock
We assign a technical rating of 4 out of 10 to TOWN. In the past year, TOWN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month TOWN has a been trading in the 31.75 - 35.24 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, TOWN did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TOWN is part of the Banks industry. There are 405 other stocks in this industry, TOWN did better than 62% of them.
TOWN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TOWN is lagging the market.
Although the technical rating is only medium, TOWN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.65. Right above this resistance zone may be a good entry point.
More info and screens
29.61
38.01
2 important support areas can be observed.
- A support zone ranging from 31.98 to 32.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.91 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.28 to 34.65. 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
CRS73.34
Mansfield0.23
10 Day High34.92
10 Day Low31.75
20 Day High35.24
20 Day Low31.75
52 Week High38.28
52 Week Low25.7
Performance
1 Week6.84%
2 Weeks2.53%
1 Month0.94%
3 Month6.09%
6 Month2.62%
12 Month20.29%
2 Year13.26%
3 Year9.97%
5 Year29.98%
10 Year137.84%
15 Year222.83%
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)0.16
RSI(14)52.22
LBB32.21
UBB35
TOWNE BANK
NASDAQ:TOWN (1/22/2025, 11:46:29 AM)
34.07
-0.44 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.27%
1 Week6.84%
2 Weeks2.53%
1 Month0.94%
3 Month6.09%
6 Month2.62%
12 Month20.29%
2 Year13.26%
3 Year9.97%
5 Year29.98%
10 Year137.84%
15 Year222.83%
Volatility
ATR(14)0.85
ATR(20)%2.36%
ATR Inc-20.68%
Range Today0.49
ADR(20)0.77
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.34
Mansfield0.23
10 Day High34.92
10 Day Low31.75
20 Day High35.24
20 Day Low31.75
52 Week High38.28
52 Week Low25.7
CS1 End34.28
CR1 Start34.65
Volume & EV
DER(3)0.87%
DER(5)0.06%
Volume35.95K
Volume Incr-22.45%
Vol(5)188.20K
Vol(50)259.02K