Gray Television Stock Forecast

Sell candidate since May 12, 2026 Loss -21.98%

The Gray Television Inc stock price gained 18.16% on the last trading day (Tuesday, 23rd Jun 2026), rising from $6.94 to $8.20. During the last trading day the stock fluctuated 0% from a day low at $8.20 to a day high of $8.20. The price has risen in 6 of the last 10 days and is up by 1.11% over the past 2 weeks. Volume fell on the last day by -505 shares and in total, 235 shares were bought and sold for approximately $1.93 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $7.72, a level that may pose a second chance to hit a runner. According to fan-theory $9.95 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

GTN-A Signals & Forecast

There are mixed signals in the stock today. The Gray Television Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $8.99. On a fall, the stock will find some support from the short-term average at $7.84. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -3.53%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Furthermore, there is a buy 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 $7.92 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 6.84%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GTN-A) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Gray Television Inc to open at $8.20, and during the day (based on 14 day Average True Range), to move between $7.76 and $8.64, which gives a possible trading interval of +/-$0.87 (+/-11.24%) up or down from last closing price. If Gray Television Inc takes out the full calculated possible swing range there will be an estimated 11.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $8.27 (0.85%) than the support at $7.92 (3.41%), 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.

Is Gray Television Inc stock A Buy?

Gray Television Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.382 Sell Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $8.20 ( 0%).

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