NEW YORK TIMES CO-A (NYT) Stock Technical Analysis
NYSE:NYT - New York Stock Exchange, Inc. - US6501111073 - Common Stock - Currency: USD
Taking everything into account, NYT scores 9 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.
Both the short term and long term trends are positive. This is a very positive sign.
NYT is part of the Media industry. There are 96 other stocks in this industry. NYT outperforms 84% of them.
NYT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NYT is performing more or less in line with 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 1695560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NYT did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, NYT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
46.95
57.41
3 important support areas can be observed.
- Support @54.78 from a horizontal line in the daily time frame.
- Support @48.37 from a trend line in the weekly time frame.
- Support @47.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.94 to 55.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 56.83 to 56.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 84.54 | POSITIVE | NYT has a high relative strength, it outperformed 84.54% 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) | 67.58 | NEUTRAL | The RSI value for NYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.87 | NEUTRAL | The Stochastics value for NYT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for NYT suggests low volalility. |
| Average Directional Index/ADX (14) | 32.84 | POSITIVE | The high ADX value value for NYT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
54.89
+0.1 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.18%
1 Week-1.19%
2 Weeks4.33%
1 Month8.46%
3 Month14.28%
6 Month1.35%
12 Month10.02%
2 Year54.97%
3 Year59.15%
5 Year39.92%
10 Year294.89%
15 Year491.49%
Volatility
ATR(14)0.92
ATR(20)%1.69%
ATR Inc-38.16%
Range Today0.55
ADR(20)0.91
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.54
Mansfield0.2
10 Day High56.01
10 Day Low52.56
20 Day High56.01
20 Day Low50.17
52 Week High58.16
52 Week Low44.83
CS1 End54.78
CR1 Start54.94
Volume & EV
DER(3)-0.64%
DER(5)0.42%
Volume1.44M
Volume Incr-16.71%
Vol(5)1.43M
Vol(50)1.70M