NEW YORK TIMES CO-A (NYT) Stock Technical Analysis
USA - NYSE:NYT - US6501111073 - Common Stock
Overall NYT gets a technical rating of 5 out of 10. NYT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, NYT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.91, a Stop Loss order could be placed below this zone.
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49.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 55.82 to 56.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 @50.48 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.11 to 57.36. 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.
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 | 43.5 | NEUTRAL | NYT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of NYT is below a declining 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) | 54.04 | NEUTRAL | The RSI value for NYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.02 | NEUTRAL | The Stochastics value for NYT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for NYT suggests low volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for NYT suggests a weak or negative trend. |
57.06
+0.07 (+0.12%)
NEW YORK TIMES CO-A / NYT FAQ
What is the technical rating for NYT stock?
ChartMill assigns a technical rating of 5 / 10 to NYT.
Can you provide the trend direction for NEW YORK TIMES CO-A?
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 54.0382. This indicates that the stock is currently neutral.
What are the support and resistance levels for NEW YORK TIMES CO-A (NYT) stock?
NEW YORK TIMES CO-A (NYT) has a support level at 56.91 and a resistance level at 57.11. Check the full technical report for our detailed analysis of NYT support and resistance levels.