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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Towne Bank (NASDAQ:TOWN)

Long-Term Uptrend (+90) - TOWN is in a strong uptrend that is likely to continue. While TOWN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
28.30 28.75 27.90 28.37 +0.06
Entry Signal

MarketClub’s Trade Triangles for TOWN

long term up The long-term trend has been UP since Nov 3rd, 2023 at 25.7800

intermediate term up The intermediate-term trend has been UP since Oct 30th, 2023 at 23.7100

short term up The short-term trend has been UP since Dec 1st, 2023 at 26.6227

Smart Scan Analysis for TOWN

Based on our trend formula, TOWN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TOWN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.30 28.75 27.90 28.37 +0.06
Prev. Close Volume Bid Ask Time
28.31 29134 2023-12-08 11:56:33
Year High33.85Year High Date2018-06-20
Year Low25.5Year Low Date2018-10-25
52wk High32.8452wk High Date2022-12-13
52wk Low21.2252wk Low Date2023-05-12
Year End Close15.49Average Volume176,606
Shares Outstanding29,869Short Interest1,957,823
% Institutional17.3Market Cap2,019M
Assets172,250,750MLiabilities152,512,350M
P/E Ratio11.7469Beta0.85
Volatility23.61
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