GRAY MEDIA INC (GTN) Stock Technical Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
5.04 USD
+0.22 (+4.56%)
5.04 USD
0 (0%)
Overall GTN gets a technical rating of 2 out of 10. GTN'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.
When comparing the yearly performance of all stocks, GTN is a bad performer in the overall market: 70% of all stocks are doing better.
GTN is part of the Media industry. There are 95 other stocks in this industry. GTN outperforms 71% of them.
In the last month GTN has a been trading in the 4.25 - 5.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GTN has an average volume of 1101110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GTN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GTN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of GTN 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
3.92
6.07
We found 4 important support areas.
- A support zone ranging from 4.56 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.47 from a trend line in the daily time frame.
- Support @4.39 from a horizontal line in the daily time frame.
- Support @3.96 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.04 to 5.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.63 from a trend line in the weekly time frame.
- Resistance @6.01 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 | 30.47 | NEUTRAL | GTN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTN is below a declining 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) | 56.14 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GTN has a positive trend. |
| Stochastics (14,3) | 69.97 | NEUTRAL | The Stochastics value for GTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for GTN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.94 | POSITIVE | The high ADX value value for GTN 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)
5.04
+0.22 (+4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg4.56%
1 Week9.57%
2 Weeks9.57%
1 Month6.33%
3 Month-14.29%
6 Month24.75%
12 Month7.46%
2 Year-34.8%
3 Year-56.92%
5 Year-71.46%
10 Year-69.91%
15 Year153.27%
Volatility
ATR(14)0.24
ATR(20)%4.55%
ATR Inc208.64%
Range Today0.4
ADR(20)0.23
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.47
3 months CRS14.34
6 months CRS81.36
Mansfield0.35
10 Day High5.16
10 Day Low4.25
20 Day High5.16
20 Day Low4.25
52 Week High6.31
52 Week Low2.91
CS1 End4.61
CR1 Start5.04
Volume & EV
DER(3)3.48%
DER(5)2.8%
Volume1.52M
Volume Incr60.08%
Vol(5)1.50M
Vol(50)1.10M
GRAY MEDIA INC / GTN FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 2 / 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 56.139. 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 0.0678783, 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.