May 09, 2013 (Pivot alerts via COMTEX) -- Gannett (NYSE:GCI) has opened bullishly above the pivot of $20.48 today and has reached the first level of resistance at $20.61. Analysts will be watching for a cross of the next upside pivot targets of $20.75 and $21.02.

Gannett Co., Inc. is an international news and information company that publishes various daily newspapers in the United States and the United Kingdom, including "USA TODAY" and "USA WEEKEND," a newspaper magazine. The Company also operates television stations in major United States markets as well as operates websites offering news, information and advertising.

In the past 52 weeks, Gannett share prices have been bracketed by a low of $12.17 and a high of $22.21 and are now at $20.72, 70% above that low price. The 200-day and 50-day moving averages have moved 0.47% higher and 0.32% higher over the past week, respectively.

Gannett (NYSE:GCI) has potential upside of 7.0% based on a current price of $20.72 and analysts' consensus price target of $22.17. The stock should hit resistance at its 50-day moving average (MA) of $20.99, as well as support at its 200-day MA of $18.41.

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