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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Towne Bank (NASDAQ:TOWN)

Countertrend Up (+85) - TOWN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid TOWN?

MarketClub looks at technical strength and momentum to determine if the timing is right for TOWN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TOWN
Open High Low TOWN Price Change
34.630 35.380 34.590 35.375 +0.245
Entry Signal

MarketClub’s Trade Triangles for TOWN

long term up The long-term trend has been UP since Jul 11th, 2024 at 28.49

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 35.74

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 35.20

Smart Scan Analysis for TOWN

Based on our trend formula, TOWN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TOWN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.630 35.380 34.590 35.375 +0.245
Prev. Close Volume Bid Ask Time
35.400 164367 2024-11-19 15:59:34
Year High33.85Year High Date2018-06-20
Year Low25.5Year Low Date2018-10-25
52wk High36.6752wk High Date2024-11-11
52wk Low25.752wk Low Date2024-06-11
Year End Close15.49Average Volume281,993
Shares Outstanding29,869Short Interest1,957,823
% Institutional17.3Market Cap2,019M
Assets171,880,200MLiabilities150,417,410M
P/E Ratio17.3911Beta0.85
Volatility23.61
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