Townsquare Media Stock Technical Analysis

TSQ Stock  USD 12.28  0.32  2.54%   
As of the 24th of April, Townsquare Media has the Coefficient Of Variation of 775.59, semi deviation of 2.33, and Risk Adjusted Performance of 0.0879. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Townsquare Media, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Townsquare Media, which can be compared to its competition. Please validate Townsquare Media standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Townsquare Media is priced more or less accurately, providing market reflects its prevalent price of 12.28 per share. Given that Townsquare Media has jensen alpha of 0.3396, we advise you to double-check Townsquare Media's current market performance to make sure the company can sustain itself at a future point.

Townsquare Media Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Townsquare, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Townsquare
  
Townsquare Media's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Townsquare Media Analyst Consensus

Target PriceAdvice# of Analysts
17.33Strong Buy3Odds
Townsquare Media current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Townsquare analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Townsquare stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Townsquare Media, talking to its executives and customers, or listening to Townsquare conference calls.
Townsquare Analyst Advice Details
Townsquare Media technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Townsquare Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Townsquare Media trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Townsquare Media Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Townsquare Media volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Townsquare Media Trend Analysis

Use this graph to draw trend lines for Townsquare Media. You can use it to identify possible trend reversals for Townsquare Media as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Townsquare Media price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Townsquare Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Townsquare Media applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that Townsquare Media will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 46.48, which is the sum of squared deviations for the predicted Townsquare Media price change compared to its average price change.

About Townsquare Media Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Townsquare Media on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Townsquare Media based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Townsquare Media price pattern first instead of the macroeconomic environment surrounding Townsquare Media. By analyzing Townsquare Media's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Townsquare Media's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Townsquare Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield2.67E-40.0064130.05280.0404
Price To Sales Ratio0.540.270.390.29

Townsquare Media April 24, 2024 Technical Indicators

Most technical analysis of Townsquare help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Townsquare from various momentum indicators to cycle indicators. When you analyze Townsquare charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Townsquare Media April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Townsquare stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Townsquare Media is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Townsquare Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Townsquare Media Stock. Highlighted below are key reports to facilitate an investment decision about Townsquare Media Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Townsquare Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Townsquare Stock, please use our How to Invest in Townsquare Media guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Townsquare Stock analysis

When running Townsquare Media's price analysis, check to measure Townsquare Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Townsquare Media is operating at the current time. Most of Townsquare Media's value examination focuses on studying past and present price action to predict the probability of Townsquare Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Townsquare Media's price. Additionally, you may evaluate how the addition of Townsquare Media to your portfolios can decrease your overall portfolio volatility.
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Is Townsquare Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Townsquare Media. If investors know Townsquare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Townsquare Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.767
Dividend Share
0.75
Earnings Share
(2.68)
Revenue Per Share
27.1
Quarterly Revenue Growth
(0.05)
The market value of Townsquare Media is measured differently than its book value, which is the value of Townsquare that is recorded on the company's balance sheet. Investors also form their own opinion of Townsquare Media's value that differs from its market value or its book value, called intrinsic value, which is Townsquare Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Townsquare Media's market value can be influenced by many factors that don't directly affect Townsquare Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Townsquare Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Townsquare Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Townsquare Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.