GRAY MEDIA INC (GTN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
Taking everything into account, GTN scores 5 out of 10 in our technical rating. Although GTN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GTN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for GTN 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
4.35
When analyzing the support we can see 3 important areas.
- Support @4.70 from a trend line in the daily time frame.
- Support @4.56 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.39 to 4.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 4.96 to 4.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.34 from a horizontal line in the weekly time frame.
- Resistance @5.43 from a trend line in the daily time frame.
- Resistance @5.54 from a horizontal line in the daily time frame.
- Resistance @5.95 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for GTN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTN is neutral. |
| ChartMill Relative Strength | 86.27 | POSITIVE | GTN has a high relative strength, it outperformed 86.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GTN has a negative trend. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for GTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for GTN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for GTN suggests a weak or negative trend. |
4.93
+0.01 (+0.2%)
GRAY MEDIA INC / GTN FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 5 / 10 to GTN.
Can you provide the trend direction for GRAY MEDIA INC?
The current trend direction for GRAY MEDIA INC (GTN) is Bearish.
What is the RSI signal for GRAY MEDIA INC (GTN) stock?
GRAY MEDIA INC (GTN) has an RSI value of 49.1663. This indicates that the stock is currently neutral.
What is the MACD signal for GRAY MEDIA INC (GTN) stock?
The MACD indicator for GRAY MEDIA INC (GTN) has a value of -0.0219206, indicating a bearish trend.
Can you provide the short term momentum for GRAY MEDIA INC?
The short term momentum for GRAY MEDIA INC (GTN) is neutral.