GRAY MEDIA INC (GTN) Technical Analysis
NYSE:GTN • US3893751061
Current stock price
GTN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GTN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GTN is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GTN is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by GTN over the past year are nicely spread over this period.
- GTN is part of the Media industry. There are 91 other stocks in this industry. GTN outperforms 90% of them.
- GTN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GTN is lagging the market slightly.
- GTN has an average volume of 1361880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GTN has a been trading in the 4.47 - 6.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GTN Weekly and Daily overview Charts
GTN Setup Rating and Analysis
GTN has an excellent technical rating, but the quality of the setup is only medium 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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.52 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.58 from a trend line in the weekly time frame.
- Support @4.27 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.
- Resistance @5.92 from a trend line in the weekly time frame.
- Resistance @6.14 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.24 to 6.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for GTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTN is up. |
| ChartMill Relative Strength | 86.93 | POSITIVE | GTN has a high relative strength, it outperformed 86.93% 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) | 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) | 56.74 | NEUTRAL | The RSI value for GTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GTN has a negative trend. |
| Stochastics (14,3) | 36.92 | NEUTRAL | The Stochastics value for GTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for GTN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.1 | 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
5.66
+0.02 (+0.35%)
GRAY MEDIA INC / GTN TA FAQ
What is the technical rating for GTN stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for GRAY MEDIA INC (GTN) stock?
GRAY MEDIA INC (GTN) has an RSI value of 56.7354. 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 -0.0328777, 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 buy as both the short term and long term trends are positive.