U.S. Markets close in 50 mins

Gray Television, Inc. (GTN) is Overbought, What's Next?

Zacks Equity Research

Gray Television, Inc. (GTN) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because GTN is now in overbought territory with an RSI value of 70.0. Furthermore, estimates for the Gray Television, Inc. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

GRAY TELEVISION INC (GTN): Free Stock Analysis Report

Zacks Investment Research