Trend Table for GTN.A - Gray Television, Inc. Class A

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	C	Strong	Up	Up	Up	-12.12%
May 20	C	Strong	Up	Up	Up	-11.28%
May 17	C	Strong	Up	Up	Up	-11.28%
May 16	C	Strong	Up	Up	Up	-11.28%
May 15	C	Weak or Absent	Up	Up	Flat	-8.79%
May 14	C	Weak or Absent	Flat	Up	Flat	-8.79%
May 13	D	Weak or Absent	Down	Up	Down	-6.63%
May 10	C	Weak or Absent	Down	Up	Down	-6.63%
May 9	D	Weak or Absent	Down	Up	Down	-1.71%
May 8	C	Weak or Absent	Down	Up	Down	-1.71%