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.
MarketClub’s Trade Triangles for TOWN
The long-term trend has been UP since Nov 3rd, 2023 at 25.7800
The intermediate-term trend has been UP since Oct 30th, 2023 at 23.7100
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).
|Year High||33.85||Year High Date||2018-06-20|
|Year Low||25.5||Year Low Date||2018-10-25|
|52wk High||32.84||52wk High Date||2022-12-13|
|52wk Low||21.22||52wk Low Date||2023-05-12|
|Year End Close||15.49||Average Volume||176,606|
|Shares Outstanding||29,869||Short Interest||1,957,823|
|% Institutional||17.3||Market Cap||2,019M|