GRAY MEDIA INC (GTN) Technical Analysis
NYSE:GTN • US3893751061
Current stock price
GTN Technical Rating and Analysis
Overall GTN gets a technical rating of 1 out of 10. GTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 75% of all other stocks performed better in the past year than GTN.
- In the last month GTN has a been trading in the 4.30 - 5.96 range, which is quite wide. It is currently trading near the lows of this range.
- GTN has an average volume of 1514690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- GTN is part of the Media industry. There are 92 other stocks in this industry, GTN did better than 64% of them.
- 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
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
GTN Support and Resistance Analysis
4.09
3 important support areas can be observed.
- Support @4.33 from a horizontal line in the weekly time frame.
- Support @4.20 from a horizontal line in the daily time frame.
- Support @4.13 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.54 to 4.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.70 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.82 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 | NEUTRAL | NEUTRAL | The long term trend for GTN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTN is down. |
| ChartMill Relative Strength | 25.3 | NEGATIVE | GTN has a low relative strength, it was outperformed by 74.7% 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 | 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) | 42.94 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.11 | OVERSOLD | The low Stochastics value suggests GTN may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for GTN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for GTN suggests a possible start of a new trend. |
GTN Chart- and CandleStick Pattern Analysis
GTN Technicals: Chart, Performance Metrics, Trend & Indicators
4.53
+0.14 (+3.19%)
GRAY MEDIA INC / GTN TA FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 1 / 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 GTN stock?
GRAY MEDIA INC (GTN) has an RSI value of 42.9418. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GRAY MEDIA INC?
The short term momentum for GRAY MEDIA INC (GTN) is negative.
What are the support and resistance levels for GRAY MEDIA INC (GTN) stock?
GRAY MEDIA INC (GTN) has a support level at 4.33 and a resistance level at 4.54. Check the full technical report for our detailed analysis of GTN support and resistance levels.