Gray Television Stock Forecast

Buy candidate since Jun 10, 2025 Gain 0.25%

The Gray Television Inc stock price gained 0.247% on the last trading day (Wednesday, 11th Jun 2025), rising from $4.05 to $4.06. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.71% from a day low at $4.03 to a day high of $4.22. The price has been going up and down for this period, and there has been a -1.22% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 757 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $6.67 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.21% during the next 3 months and, with a 90% probability hold a price between $2.60 and $4.23 at the end of this 3-month period.

GTN Signals & Forecast

The Gray Television Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $3.88 and $3.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 05, 2025, and so far it has risen 11.54%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Gray Television Inc stock

Gray Television Inc finds support from accumulated volume at $3.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.190 between high and low, or 4.71%. For the last week, the stock has had daily average volatility of 4.27%.

Our recommended stop-loss: $3.90 (-3.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (GTN) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Gray Television Inc to open at $4.10, and during the day (based on 14 day Average True Range), to move between $3.84 and $4.28, which gives a possible trading interval of +/-$0.216 (+/-5.33%) up or down from last closing price. If Gray Television Inc takes out the full calculated possible swing range there will be an estimated 10.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.11 (1.23%) than the support at $3.95 (2.71%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For GTN

Dividend warning for GTN: Ex-dividend date is approaching in 0 days on Friday 13th June, 2025. The dividend to be paid is $0.0800, which is a moderate dividend (1.97%). The stock is expected to open approximately 1.97% lower on the ex-dividend date.

Is Gray Television Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.122 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $4.10 ( 1.07%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*