TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Technical Analysis
NYSE:TSQ - New York Stock Exchange, Inc. - US8922311019 - Common Stock - Currency: USD
Taking everything into account, TSQ scores 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than TSQ.
TSQ 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 TSQ has a been trading in the 8.70 - 9.38 range, which is quite wide. It is currently trading near the lows of this range.
TSQ is an average performer in the Media industry, it outperforms 44% of 93 stocks in the same industry.
Although the technical rating is bad, TSQ 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 9.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.71, a Stop Loss order could be placed below this zone.
More info and screens
8.62
10.37
When analyzing the support we notice one important area.
- A support zone ranging from 8.71 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.23 to 9.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.27 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
CRS17.9
Mansfield-2.33
10 Day High9.12
10 Day Low8.7
20 Day High9.38
20 Day Low8.7
52 Week High13.57
52 Week Low8.7
Performance
1 Week-3.33%
2 Weeks-3.86%
1 Month-4.6%
3 Month-12.89%
6 Month-20.29%
12 Month-18.35%
2 Year20.61%
3 Year-23.58%
5 Year-2.13%
10 Year-34.09%
15 YearN/A
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
RSI(14)38.3
LBB8.77
UBB9.23
8.72
-0.2 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.24%
1 Week-3.33%
2 Weeks-3.86%
1 Month-4.6%
3 Month-12.89%
6 Month-20.29%
12 Month-18.35%
2 Year20.61%
3 Year-23.58%
5 Year-2.13%
10 Year-34.09%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.03%
ATR Inc-7.84%
Range Today0.3
ADR(20)0.26
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.9
Mansfield-2.33
10 Day High9.12
10 Day Low8.7
20 Day High9.38
20 Day Low8.7
52 Week High13.57
52 Week Low8.7
CS1 End8.71
CR1 Start9.23
Volume & EV
DER(3)2.03%
DER(5)-0.3%
Volume51.80K
Volume Incr-23.52%
Vol(5)44.98K
Vol(50)67.14K