GRAY TELEVISION INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GTN
ISIN:

GRAY TELEVISION INC. - Daily - Technical analysis published on 11/21/2019 (GMT)

Who voted?
221
0

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 17.84 USD

My targets

19.91 USD (+2.31%)

21.36 USD (+9.76%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GRAY TELEVISION INC. as long as the price remains well above 17.84 USD. The buyers” bullish objective is set at 19.91 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 21.36 USD. If there is any crossing, the next objective would be the resistance located at 23.18 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GRAY TELEVISION INC. rating 19.46 USD. The price registered a decrease of -0.56% on the session and was traded between 19.33 USD and 19.71 USD over the period. The price is currently at +0.67% from its lowest and -1.27% from its highest.

19.33

19.71

19.46

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GRAY TELEVISION INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.37	16.68	17.84	19.46	19.91	21.36	23.18
Change (%)	-26.16%	-14.29%	-8.32%	-	+2.31%	+9.76%	+19.12%
Change	-5.09	-2.78	-1.62	-	+0.45	+1.90	+3.72
Level	Major	Major	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.48	18.73	19.15	19.40	19.82	20.07	20.49
Camarilla	19.39	19.45	19.51	19.57	19.63	19.69	19.75
Woodie	18.57	18.77	19.24	19.44	19.91	20.11	20.58
Fibonacci	18.73	18.99	19.14	19.40	19.66	19.81	20.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.56	18.21	18.63	19.28	19.70	20.35	20.77
Camarilla	18.76	18.85	18.95	19.05	19.15	19.25	19.34
Woodie	17.45	18.15	18.52	19.22	19.59	20.29	20.66
Fibonacci	18.21	18.62	18.87	19.28	19.69	19.94	20.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.26	13.44	14.93	16.11	17.60	18.78	20.27
Camarilla	15.68	15.92	16.17	16.41	16.66	16.90	17.14
Woodie	12.41	13.52	15.08	16.19	17.75	18.86	20.42
Fibonacci	13.44	14.46	15.09	16.11	17.13	17.76	18.78

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	65.42
MACD (12,26,9):	0.8700
Directional Movement:	17.07
AROON (14):	42.86
DEMA (21):	19.45
Parabolic SAR (0,02-0,02-0,2):	18.68
Elder Ray (13):	0.69
Super Trend (3,10):	17.45
Zig ZAG (10):	19.46
VORTEX (21):	1.1300
Stochastique (14,3,5):	82.94
TEMA (21):	19.90
Williams %R (14):	-18.54
Chande Momentum Oscillator (20):	2.15
Repulse (5,40,3):	1.5900
ROCnROLL:	1
TRIX (15,9):	0.6800
Courbe Coppock:	30.94

MA7:	19.35
MA20:	18.12
MA50:	16.87
MA100:	16.65
MAexp7:	19.26
MAexp20:	18.36
MAexp50:	17.35
MAexp100:	17.18
Price / MA7:	+0.57%
Price / MA20:	+7.40%
Price / MA50:	+15.35%
Price / MA100:	+16.88%
Price / MAexp7:	+1.04%
Price / MAexp20:	+5.99%
Price / MAexp50:	+12.16%
Price / MAexp100:	+13.27%

News

The last news published on GRAY TELEVISION INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15133

Number of analyses :

76244

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis GRAY TELEVISION INC. - Daily