Gray Television Stock Forecast

Sell candidate since May 12, 2026 Loss -23.69%

The Gray Television Inc stock price fell by -4.18% on the last day (Wednesday, 3rd Jun 2026) from $8.37 to $8.02. During the last trading day the stock fluctuated 5.36% from a day low at $8.02 to a day high of $8.45. The price has fallen in 8 of the last 10 days and is down by -3.02% for this period. Volume has increased on the last day by 42 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 thousand shares were bought and sold for approximately $8.69 thousand.

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 -19.34% during the next 3 months and, with a 90% probability hold a price between $5.43 and $9.10 at the end of this 3-month period.

GTN-A Signals & Forecast

There are few to no technical positive signals at the moment. 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 $10.24. On a fall, the stock will find some support from the short-term average at $7.96. 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 -5.65%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Gray Television Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.430 between high and low, or 5.36%. For the last week, the stock has had daily average volatility of 9.38%.

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 Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Gray Television Inc to open at $8.16, and during the day (based on 14 day Average True Range), to move between $7.53 and $8.51, which gives a possible trading interval of +/-$0.98 (+/-13.03%) up or down from last closing price. If Gray Television Inc takes out the full calculated possible swing range there will be an estimated 13.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.92 (1.25%) than the resistance at $8.27 (3.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For GTN-A

Dividend coming up for GTN-A: Ex-dividend date (Monday 15th June, 2026) is 11 days away. The dividend is $0.0800.

Is Gray Television Inc stock A Buy?

Gray Television Inc holds several negative signals and is within a very wide and falling trend, so we believe 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: -4.114 Sell Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $8.16 ( 1.79%).

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