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(TOWN) Towne Bank complete technical analysis [charts+indicators] | Buy/Sell Towne Bank | (TOWN) share price targets

Complete technical analysis of Towne Bank (TOWN) by charts plus indicators, forecast predictions and share price targets for Towne Bank (TOWN)

Towne Bank trades in USA in N A sector.

Showing technical analysis as on 2024-05-15 View latest technical analysis

10 day averaged volume of Towne Bank is 237480

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	27.76	27.70	27.85	27.51	2.605 times
14 Tue May 2024	27.45	27.66	27.70	27.33	1.161 times
13 Mon May 2024	27.30	27.53	27.68	27.29	0.891 times
10 Fri May 2024	27.45	27.35	27.57	27.20	0.86 times
09 Thu May 2024	27.40	27.26	27.50	27.10	1.095 times
08 Wed May 2024	27.33	26.86	27.35	26.86	0.715 times
07 Tue May 2024	27.11	27.55	27.55	27.07	1.334 times
06 Mon May 2024	27.47	27.39	27.86	27.30	0.995 times
03 Fri May 2024	27.30	27.36	27.51	26.80	1.062 times
02 Thu May 2024	27.03	26.87	27.11	26.11	0.938 times

Stock of Towne Bank (TOWN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.6, but if it comes below 27.6, then a intra day sell could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 27.12 as target. However if you take a buy trade in stock , then use 27.6 as stoploss and 28.3 as target.

Share price targets for Towne Bank (TOWN)

Target Type	Value
Downside Target	25.70
Downside Target	27.51
Upside Target	27.85
Upside Target	27.86
Upside Target	28.07
Upside Target	28.20
Upside Target	28.53
Upside Target	30.08

Intraday share price targets for Towne Bank (TOWN)

Target Type	Value
Downside Intraday Target	27.42
Downside Intraday Target	27.07
Upside Intraday Target	27.98
Upside Intraday Target	28.19
Downside Intraday Target	27.63

Weekly technical analysis of Towne Bank (TOWN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	27.76	27.53	27.85	27.29	0.931 times
10 Fri May 2024	27.45	27.39	27.86	26.86	1.052 times
03 Fri May 2024	27.30	26.92	27.51	25.70	0.795 times
26 Fri Apr 2024	26.92	27.01	28.07	26.35	1.226 times
19 Fri Apr 2024	27.00	26.37	27.07	25.72	1 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Towne Bank (TOWN)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed May 2024	27.76	26.10	27.86	26.10	0.538 times
30 Tue Apr 2024	25.87	27.97	28.07	25.70	0.992 times
28 Thu Mar 2024	28.06	26.92	28.20	25.72	1.217 times
29 Thu Feb 2024	27.11	28.30	28.53	26.30	0.963 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Towne Bank (TOWN)

Price action analysis of Towne Bank ( (TOWN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Towne Bank ( (TOWN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Towne Bank ( (TOWN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Towne Bank ( (TOWN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Towne Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Towne Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Towne Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Towne Bank in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Towne Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.41 and Towne Bank (TOWN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Towne Bank (TOWN) stock. Volume based technical analysis of Towne Bank (TOWN) stock is negative.

Towne Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.