TEGNA INC (TGNA)

US87901J1051 - Common Stock

14.15  +0.26 (+1.87%)

After market: 14.15 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TGNA. TGNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TGNA is a bad performer in the overall market: 80% of all stocks are doing better.
TGNA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGNA is lagging the market.
In the last month TGNA has a been trading in the 13.18 - 14.34 range, which is quite wide. It is currently trading near the high of this range.
TGNA has an average volume of 2116090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGNA is an average performer in the Media industry, it outperforms 50% of 96 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TGNA Weekly chart
TGNA Daily chart
Setup Rating and Analysis

3

The technical rating of TGNA 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.

Support and Resistance Analysis

13.13

16.17

We found 2 important support areas.

  • A support zone ranging from 13.53 to 13.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.26 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 14.27 to 14.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @14.81 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 15.13 to 15.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @15.45 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 15.88 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.81
Mansfield-1.59
10 Day High14.21
10 Day Low13.51
20 Day High14.34
20 Day Low13.18
52 Week High17.37
52 Week Low13.18
Performance
1 Week3.66%
2 Weeks4.51%
1 Month-0.63%
3 Month-8.47%
6 Month-8.89%
12 Month-13.67%
2 Year-35.39%
3 Year-27.02%
5 Year-6.54%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)54.7
LBB13.24
UBB14.12
TGNA Daily chart

TEGNA INC

NYSE:TGNA (5/2/2024, 7:22:31 PM)

After market: 14.15 0 (0%)

14.15

+0.26 (+1.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.87%
1 Week3.66%
2 Weeks4.51%
1 Month-0.63%
3 Month-8.47%
6 Month-8.89%
12 Month-13.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%2.03%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.21
10 Day Low13.51
20 Day High14.34
20 Day Low13.18
52 Week High17.37
52 Week Low13.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.10M
Volume Incr-12.43%
Vol(5)1.36M
Vol(50)2.12M