GANNETT CO INC (GCI) Stock Technical Analysis
USA - NYSE:GCI - US36472T1097 - Common Stock
4.3 USD
-0.08 (-1.83%)
4.3 USD
0 (0%)
Overall GCI gets a technical rating of 8 out of 10. Although GCI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
GCI has an average volume of 1626370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GCI outperforms 53% of them, which is more or less in line with the market.
GCI is an average performer in the Media industry, it outperforms 65% of 100 stocks in the same industry.
GCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCI is lagging the market.
In the last month GCI has a been trading in the 3.97 - 4.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GCI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.91
4.43
We found 4 important support areas.
- A support zone ranging from 4.10 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.01 to 4.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.66 from a trend line in the daily time frame.
- Support @2.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.31 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCI is up. |
| ChartMill Relative Strength | 53.04 | NEUTRAL | GCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GCI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for GCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for GCI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for GCI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for GCI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.40 | 4.09 | 0.31 (7.05%) | 14.19% |
| An entry @4.40. This is a Buy Stop order right above the resistance zone. | An exit @4.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 7.05%. | When investing 14.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.3
-0.08 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.83%
1 Week1.65%
2 Weeks0.23%
1 Month4.12%
3 Month30.7%
6 Month40.52%
12 Month-17.62%
2 Year75.51%
3 Year181.05%
5 Year230.77%
10 Year-70.81%
15 Year-64.84%
Volatility
ATR(14)0.15
ATR(20)%3.63%
ATR Inc8.64%
Range Today0.18
ADR(20)0.15
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.04
Mansfield-0.94
10 Day High4.45
10 Day Low4.02
20 Day High4.45
20 Day Low3.97
52 Week High5.91
52 Week Low2.55
CS1 End4.11
CR1 Start4.31
Volume & EV
DER(3)4.83%
DER(5)5.04%
Volume3.11M
Volume Incr7.04%
Vol(5)1.48M
Vol(50)1.63M