GRAY MEDIA INC (GTN) Stock Technical Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
Taking everything into account, GTN scores 3 out of 10 in our technical rating. GTN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GTN has a poor technical rating and the quality of the setup is also not perfect 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
3.90
3 important support areas can be observed.
- A support zone ranging from 4.56 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.39 to 4.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.67 from a trend line in the weekly time frame.
- Resistance @6.02 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 | 79.95 | POSITIVE | GTN has a high relative strength, it outperformed 79.95% off all stocks 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) | 48.92 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GTN has a positive trend. |
| Stochastics (14,3) | 51.58 | NEUTRAL | The Stochastics value for GTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GTN suggests some volalility. |
| Average Directional Index/ADX (14) | 28.16 | POSITIVE | The high ADX value value for GTN suggests a strong trend. |
4.82
+0.22 (+4.78%)
GRAY MEDIA INC / GTN FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 3 / 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 48.9198. 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 0.0406906, 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.