NEW YORK TIMES CO-A (NYT) Technical Analysis
NYSE:NYT • US6501111073
Current stock price
NYT Technical Rating and Analysis
Taking everything into account, NYT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NYT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NYT did better than 91% of all other stocks. We also observe that the gains produced by NYT over the past year are nicely spread over this period.
- NYT is part of the Media industry. There are 92 other stocks in this industry. NYT outperforms 92% of them.
- NYT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NYT is leading the market.
- NYT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- NYT has an average volume of 2447220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NYT Weekly and Daily overview Charts
NYT Setup Rating and Analysis
Besides having an excellent technical rating, NYT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 80.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NYT Support and Resistance Analysis
61.10
When analyzing the support we can see 5 important areas.
- A support zone ranging from 79.31 to 80.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.06 from a horizontal line in the daily time frame.
- A support zone ranging from 72.86 to 73.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.39 from a horizontal line in the daily time frame.
- Support @61.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 80.98 to 81.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NYT is up. |
| ChartMill Relative Strength | 91.67 | POSITIVE | NYT has a high relative strength, it outperformed 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.34 | NEUTRAL | The RSI value for NYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NYT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.23 | NEUTRAL | The Stochastics value for NYT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for NYT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for NYT suggests a weak or negative trend. |
NYT Chart- and CandleStick Pattern Analysis
NYT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 81.96 | 79.30 | 2.66 (3.25%) | 25.00% |
| An entry @81.96. This is a Buy Stop order right above the resistance zone. | An exit @79.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.66 points, which is 3.25%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYT Technicals: Chart, Performance Metrics, Trend & Indicators
80.97
-0.31 (-0.38%)
NEW YORK TIMES CO-A / NYT TA FAQ
What is the technical rating for NYT stock?
ChartMill assigns a technical rating of 10 / 10 to NYT.
What is the current trend direction of NEW YORK TIMES CO-A (NYT) stock?
The current trend direction for NEW YORK TIMES CO-A (NYT) is Bullish.
What is the RSI signal for NYT stock?
NEW YORK TIMES CO-A (NYT) has an RSI value of 63.3354. This indicates that the stock is currently neutral.
What is the MACD signal for NYT stock?
The MACD indicator for NEW YORK TIMES CO-A (NYT) has a value of -0.157574, indicating a bearish trend.
What is the support and resistance level for NYT stock?
NEW YORK TIMES CO-A (NYT) has a support level at 80.56 and a resistance level at 80.98. Check the full technical report for our detailed analysis of NYT support and resistance levels.