GANNETT CO INC (GCI) Stock Technical Analysis
NYSE:GCI - New York Stock Exchange, Inc. - US36472T1097 - Common Stock - Currency: USD
Overall GCI gets a technical rating of 2 out of 10. GCI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GCI is a bad performer in the overall market: 76% of all stocks are doing better.
GCI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GCI is lagging the market.
GCI has an average volume of 1824000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GCI is an average performer in the Media industry, it outperforms 49% of 96 stocks in the same industry.
In the last month GCI has a been trading in the 2.96 - 4.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of GCI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.71
5.84
We found 2 important support areas.
- A support zone ranging from 3.40 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.72 to 3.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.85 from a trend line in the daily time frame.
- A resistance zone ranging from 4.85 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.78 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for GCI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GCI is neutral. |
| ChartMill Relative Strength | 24.69 | NEGATIVE | GCI has a low relative strength, it was outperformed by 75.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCI is below a declining 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 | NEGATIVE | The current price of GCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for GCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GCI has a negative trend. |
| Stochastics (14,3) | 34.83 | NEUTRAL | The Stochastics value for GCI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for GCI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for GCI suggests a strong 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)
3.42
+0.01 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.29%
1 Week-5%
2 Weeks-7.82%
1 Month-1.72%
3 Month-20.47%
6 Month-36.43%
12 Month-7.82%
2 Year54.05%
3 Year-12.98%
5 Year161.07%
10 Year-90.44%
15 Year-77.99%
Volatility
ATR(14)0.19
ATR(20)%5.57%
ATR Inc-30.51%
Range Today0.13
ADR(20)0.18
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.69
Mansfield-2.5
10 Day High4.07
10 Day Low3.31
20 Day High4.07
20 Day Low2.96
52 Week High5.93
52 Week Low2.55
CS1 End3.41
CR1 Start3.72
Volume & EV
DER(3)4.01%
DER(5)4.73%
Volume742.10K
Volume Incr-41.71%
Vol(5)1.11M
Vol(50)1.82M