RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TSQ
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Green day on Thursday for Townsquare Media Inc stock after gaining 0.366%
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.37% PDF

The Townsquare Media Inc stock price gained 0.366% on the last trading day (Thursday, 28th Mar 2024), rising from $10.94 to $10.98. During the last trading day the stock fluctuated 2.20% from a day low at $10.91 to a day high of $11.15. The price has been going up and down for this period, and there has been a 5.98% gain for the last 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 83 thousand shares were bought and sold for approximately $907.29 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.87% during the next 3 months and, with a 90% probability hold a price between $10.71 and $11.86 at the end of this 3-month period.

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TSQ Signals & Forecast

The Townsquare Media Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $10.88 and $10.74. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -1.08%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Townsquare Media Inc stock

Townsquare Media Inc finds support from accumulated volume at $10.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.240 between high and low, or 2.20%. For the last week the stock has had daily average volatility of 2.08%.

Our recommended stop-loss: $10.58 (-3.64%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (TSQ) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Townsquare Media Inc to open at $11.01, and during the day (based on 14 day Average True Range), to move between $10.58 and $11.38, which gives a possible trading interval of +/-$0.401 (+/-3.66%) up or down from last closing price. If Townsquare Media Inc takes out the full calculated possible swing range there will be an estimated 7.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.02 (0.36%) than the support at $10.94 (0.36%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Townsquare Media Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Townsquare Media Inc stock to perform well in the short-term.

Current score: 4.001 Buy Candidate Unchanged

Predicted Opening Price for Townsquare Media Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.01 ( 0.304%) $10.98

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TSQ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.25 2.49 %
R2 11.16 1.65 %
R1 11.11 1.14 %
Current price: 10.98
Support S1 10.92 -0.531 %
S2 10.87 -1.05 %
S3 10.77 -1.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.10 1.09 %
R2 11.03 0.455 %
R1 11.02 0.364 %
Current price 10.98
Support S1 10.94 -0.364%
S2 10.57 -3.73%
S3 10.56 -3.83%

TSQ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 15, 2024 Apr 04, 2024 May 01, 2024 $0.198 1.80%
2 Nov 09, 2023 Dec 29, 2023 Feb 01, 2024 $0.188 1.70%
3 Aug 09, 2023 Sep 29, 2023 Nov 01, 2023 $0.188 2.22%
4 May 10, 2023 Jun 29, 2023 Aug 01, 2023 $0.188 1.62%
5 Mar 09, 2023 Mar 24, 2023 May 01, 2023 $0.188 2.01%

FAQ

What is the symbol for Townsquare Media Inc Stock and on which exchange is it traded?
The symbol for Townsquare Media Inc is TSQ and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Townsquare Media Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Townsquare Media Inc stock to perform well in the short-term.

How to buy Townsquare Media Inc Stock?
Townsquare Media Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Townsquare Media Inc Stock.

What's the current price of Townsquare Media Inc Stock?
As of the end of day on the 2024-03-28, the price of an Townsquare Media Inc (TSQ) share was $10.98.

What is the 52-week high and low for Townsquare Media Inc Stock?
The 52-week high for Townsquare Media Inc Stock is $12.65 and the 52-week low is $7.89.

What is the market capitalization of Townsquare Media Inc Stock?
As of the 2024-03-28, the market capitalization of Townsquare Media Inc is 180.702M.

When is the next earnings date for Townsquare Media Inc?
The upcoming earnings date for Townsquare Media Inc is May 08, 2024.
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About Townsquare Media Inc

Townsquare Media Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers various digital marketing solutions, including hosting, search engine optimization, online directory optimization, e-commerce solutions, online... TSQ Profile

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