Gray Television, Inc. (NYSE:GTN) Dropped -0.9% – Here’s Why

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For its latest trading sesion, Gray Television, Inc. (NYSE:GTN) dropped by -0.9% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.012, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.408, an Accumulation/Distribution Index (ADI) of 0.408, an On-Balance Volume (OBV) of 182.141, and a Chaiikin Money Flow (CMF) of 20.14. 6.048

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of Gray Television, Inc. (NYSE:GTN). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.