NYT Technical Analysis - NEW YORK TIMES CO-A

Technical Rating and Analysis

Overall NYT gets a technical rating of 5 out of 10. In the last year, NYT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

NYT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NYT is lagging the market slightly.

NYT has an average volume of 1918050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the performance of all stocks over the past year, NYT turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.

NYT is part of the Media industry. There are 100 other stocks in this industry, NYT did better than 64% of them.

In the last month NYT has a been trading in a tight range between 57.13 and 60.30.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

NEW YORK TIMES CO-A / NYT Weekly stock chart

NEW YORK TIMES CO-A / NYT Daily stock chart

Setup Rating and Analysis

NYT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for NYT in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

49.39

62.58

4 important support areas can be observed.

A support zone ranging from 54.42 to 54.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @52.28 from a horizontal line in the weekly time frame.
Support @51.42 from a horizontal line in the daily time frame.
Support @49.89 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 58.37 to 58.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @61.96 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The short term trend for NYT is neutral.
ChartMill Relative Strength	50.9	NEUTRAL	NYT is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NYT is below a declining 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)	46.87	NEUTRAL	The RSI value for NYT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.23	NEGATIVE	The MACD value suggests NYT has a negative trend, although the MACD value is rising.
Stochastics (14,3)	37.6	NEUTRAL	The Stochastics value for NYT is a neutral value.
Average True Range in percent/ATR (20)	1.67	LOW VOLATILITY	The low ATR as a percentage value for NYT suggests low volalility.
Average Directional Index/ADX (14)	18.98	NEGATIVE	The low ADX value for NYT suggests a weak or negative trend.