TOWNSQUARE MEDIA INC - CL A (TSQ)
US8922311019 - Common Stock
Taking everything into account, TSQ scores 1 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.
When comparing the yearly performance of all stocks, TSQ is a bad performer in the overall market: 77% of all stocks are doing better.
TSQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TSQ has a been trading in the 9.59 - 10.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
TSQ is part of the Media industry. There are 92 other stocks in this industry, TSQ did better than 43% of them.
Volume is considerably higher in the last couple of days.
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 support zone below the current price at 9.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TSQ in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.40
11.59
When analyzing the support we notice one important area.
- A support zone ranging from 9.49 to 9.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.83 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.46 to 10.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.05 from a trend line in the daily time frame.
- Resistance @11.48 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.58
Mansfield-1.89
10 Day High10.6
10 Day Low9.61
20 Day High10.6
20 Day Low9.59
52 Week High13.57
52 Week Low9.36
Performance
1 Week0%
2 Weeks-4.28%
1 Month0%
3 Month-10.15%
6 Month-11.52%
12 Month-0.91%
2 Year32.3%
3 Year-22.29%
5 Year19.44%
10 Year-21.23%
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)43.98
LBB9.66
UBB10.23
TOWNSQUARE MEDIA INC - CL A
NYSE:TSQ (11/20/2024, 8:04:00 PM)
After market: 9.83 0 (0%)9.83
-0.08 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.81%
1 Week0%
2 Weeks-4.28%
1 Month0%
3 Month-10.15%
6 Month-11.52%
12 Month-0.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%3.59%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.6
10 Day Low9.61
20 Day High10.6
20 Day Low9.59
52 Week High13.57
52 Week Low9.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.20K
Volume Incr81.07%
Vol(5)61.02K
Vol(50)43.41K