Gray Television Stock Forecast

Buy candidate since Jun 10, 2025 Gain 10.14%

The Gray Television Inc stock price gained 10.14% on the last trading day (Wednesday, 11th Jun 2025), rising from $8.88 to $9.78. During the last trading day the stock fluctuated 15.98% from a day low at $8.51 to a day high of $9.87. The price has risen in 5 of the last 10 days and is up by 16.85% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 thousand more shares were traded than the day before. In total, 9 thousand shares were bought and sold for approximately $91.46 thousand.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $9.95 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.33% during the next 3 months and, with a 90% probability hold a price between $8.39 and $11.48 at the end of this 3-month period.

GTN-A 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 $8.40 and $7.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 09, 2025, and so far it has risen 31.63%. Further rise is indicated until a new top pivot has been found. Gray Television Inc has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. 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

On the downside, the stock finds support just below today's level from accumulated volume at $8.24 and $7.78. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Gray Television Inc finds support just below today's level at $8.24. If this is broken, then the next support from accumulated volume will be at $7.78 and $7.65.

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 $1.36 between high and low, or 15.98%. For the last week, the stock has had daily average volatility of 9.62%.

Our recommended stop-loss: $9.41 (-3.82%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Thursday, 12th we expect Gray Television Inc to open at $9.39, and during the day (based on 14 day Average True Range), to move between $9.09 and $10.47, which gives a possible trading interval of +/-$0.694 (+/-7.10%) up or down from last closing price. If Gray Television Inc takes out the full calculated possible swing range there will be an estimated 14.19% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $8.24, some $1.55 (15.80%) from the current price of $9.78, our system finds the risk reward attractive.

Dividend Warning For GTN-A

Dividend warning for GTN-A: Ex-dividend date is approaching in 0 days on Friday 13th June, 2025. The dividend to be paid is $0.0800, which is a small dividend (0.82%). The stock is expected to open approximately 0.82% lower on the ex-dividend date.

Is Gray Television Inc stock A Buy?

Gray Television Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 7.564 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $9.39 ( 4.02%).

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