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Downtrend Call Working As Gray Television Stock Falls 24.4% (GTN)

By Nick Russo

SmarTrend identified a Downtrend for Gray Television (NYSE:GTN) on February 5th, 2018 at $15.62. In approximately 3 months, Gray Television has returned 24.43% as of today's recent price of $11.80.

Over the past year, Gray Television has traded in a range of $7.00 to $17.80 and is now at $11.80, 69% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 0.6%.

Gray Television, Inc. operates television stations. The Company operates in the southern, midwestern, and southwestern United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Gray Television.

Log in and add Gray Television (GTN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gray television

Ticker(s): GTN