Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
TEGNA Inc (NYSE:TGNA)
Sidelines Mode (+55) - TGNA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TGNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for TGNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TGNA
The long-term trend has been DOWN since Sep 7th, 2023 at 15.270
The intermediate-term trend has been UP since Nov 1st, 2023 at 14.660
The short-term trend has been DOWN since Nov 24th, 2023 at 15.745
Smart Scan Analysis for TGNA
Based on our trend formula, TGNA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.6||Year High Date||2018-01-26|
|Year Low||10||Year Low Date||2018-05-04|
|52wk High||22.29||52wk High Date||2023-02-24|
|52wk Low||13.655||52wk Low Date||2023-10-06|
|Average Volume||2,207,620||Shares Outstanding||196,968|