GRAY MEDIA INC (GTN) Technical Analysis
NYSE:GTN • US3893751061
Current stock price
GTN Technical Rating and Analysis
Taking everything into account, GTN scores 2 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month GTN has a been trading in the 4.14 - 5.46 range, which is quite wide. It is currently trading near the lows of this range.
- GTN is part of the Media industry. There are 91 other stocks in this industry. GTN outperforms 76% of them.
- GTN has an average volume of 1507420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, GTN turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- GTN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GTN is lagging the market slightly.
GTN Weekly and Daily overview Charts
GTN Setup Rating and Analysis
GTN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
GTN Support and Resistance Analysis
4.09
When analyzing the support we can see 4 important areas.
- Support @4.43 from a trend line in the weekly time frame.
- A support zone ranging from 4.27 to 4.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.20 from a horizontal line in the daily time frame.
- Support @4.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.71 to 4.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.83 from a horizontal line in the daily time frame.
- Resistance @5.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.80 to 5.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
GTN Technical Indicator Signal Analysis
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 GTN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTN is down. |
| ChartMill Relative Strength | 54.8 | NEUTRAL | GTN is not amongst the best or worst performers 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 | MIXED | The current price of GTN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GTN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.32 | NEUTRAL | The Stochastics value for GTN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for GTN suggests high volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for GTN suggests a weak or negative trend. |
GTN Chart- and CandleStick Pattern Analysis
GTN Technicals: Chart, Performance Metrics, Trend & Indicators
4.49
+0.09 (+2.05%)
GRAY MEDIA INC / GTN TA FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 2 / 10 to GTN.
What is the current trend direction of GRAY MEDIA INC (GTN) stock?
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 44.0547. 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 -0.0362853, indicating a bearish trend.
Can you provide the buy/sell signal for GRAY MEDIA INC?
The buy/sell signal for GRAY MEDIA INC (GTN) is sell as both the short term and long term trends are negative.