The Greedy Trader Weekly Analysis
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Number of records: 13
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Gannett Co.
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Summary:
Weekly :
Daily :Stochastic has declined below the signal lineThe price is close to the moving average in the center of the Bollinger Bands
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It was the negative week for the Gannett Co. (GCI). During the week, the GCI dropped -0.27 points, or -2.60%, and closed at 10.10 on Friday, December 07, 2018. Weekly volume was 59% above average.

Long-term trend: [See GCI long-term trend chart]
A long-term uptrend had started on November 3, 2016 at 7.30 and reached 12.38 on December 5, 2017. GCI gained -5.08 points, or -69.59%, in 56 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 9.89 and resistance is at 10.80. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.

Medium-term trend: [See GCI medium-term trend chart]
A medium-term downtrend had started on December 5, 2017 at 12.38 and reached 9.04 on April 4, 2018. GCI lost 3.34 points, or 26.98%, in 17 weeks. The chart has formed a Ascending Triangle chart pattern. The trend support level is at 9.14 and resistance is at 10.80. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a medium-term trend.

Weekly Technical Indicators: [See GCI weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since November 23, 2018. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See GCI short-term trend chart]
A short-term uptrend had started on October 26, 2018 at 9.12 and reached 10.65 on November 9, 2018. GCI gained -1.53 points, or -16.78%, in 14 days. The chart has formed a Symmetric Triangle chart pattern.

Daily Technical Indicators: [See GCI daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since November 21, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.24
Williams' Percentage Range (W%R) 36.10
Lane's Stochastic (%D-Slow) 68.14
Greed/Fear Indicator (GFI) 64.10
Moving Average Converg./Diverg. (MACD) 0.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.48
Williams' Percentage Range (W%R) 47.00
Lane's Stochastic (%D-Slow) 60.30
Greed/Fear Indicator (GFI) 54.93
Moving Average Converg./Diverg. (MACD) -0.11
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 10.80
Monthly Trendline Resistance 10.80
Upper Bollinger Band 10.61
Parabolic System 10.46
Daily Stochastic Crossing 10.16
Price 10.10
20 Day Moving Average 10.05
Weekly Stochastic Crossing 10.04
50 Day Moving Average 9.92
Quarterly Trendline Support 9.89
Lower Bollinger Band 9.55
Monthly Trendline Support 9.14
Sector and Industry
Description Name Rank
Sector Services 6
Industry Publishing - Newspapers 125
Daily Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Low 9.12
Low Date 10/26/2018
High 10.65
High Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 11.71
High Date 05/10/2018
Low 9.12
Low Date 10/26/2018
Description Value
Direction Down
Chart Pattern Ascending Triangle
Status Valid
Resistance 10.80
Support 9.14
High 12.38
High Date 12/05/2017
Low 9.04
Low Date 04/04/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Valid
Resistance 10.80
Support 9.89
Low 7.30
Low Date 11/03/2016
High 12.38
High Date 12/05/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 38.48
High Date 06/23/2015
Low 7.30
Low Date 11/03/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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