NEW YORK TIMES CO-A (NYT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NYT • US6501111073
Taking everything into account, NYT scores 7 out of 10 in our technical rating. In the last year, NYT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that NYT is one of the better performing stocks in the market, outperforming 83% of all 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 87% of them.
- 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 1967180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month NYT has a been trading in the 58.87 - 74.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NYT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.23
We found 3 important support areas.
- A support zone ranging from 67.63 to 68.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 59.79 to 60.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.31 to 73.70. 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 | NEUTRAL | NEUTRAL | The long term trend for NYT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NYT is down. |
| ChartMill Relative Strength | 83.17 | POSITIVE | NYT has a high relative strength, it outperformed 83.17% off all stocks 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 | MIXED | The current price of NYT is below 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) | 39.64 | NEUTRAL | The RSI value for NYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests NYT has a negative trend. |
| Stochastics (14,3) | 62.05 | NEUTRAL | The Stochastics value for NYT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for NYT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.07 | POSITIVE | The high ADX value value for NYT suggests a strong trend. |
68.11
-1 (-1.45%)
NEW YORK TIMES CO-A / NYT FAQ
What is the technical rating for NYT stock?
ChartMill assigns a technical rating of 7 / 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 Bearish.
What is the RSI signal for NYT stock?
NEW YORK TIMES CO-A (NYT) has an RSI value of 39.6404. 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 -0.661214, 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 68.1 and a resistance level at 73.31. Check the full technical report for our detailed analysis of NYT support and resistance levels.