NEW YORK TIMES CO-A (NYT) Technical Analysis
NYSE:NYT • US6501111073
Overall NYT gets a technical rating of 10 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that NYT is one of the better performing stocks in the market, outperforming 91% 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 91 other stocks in this industry. NYT outperforms 87% 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.
- In the last month NYT has a been trading in the 67.90 - 82.74 range, which is quite wide. It is currently trading near the high of this range.
- NYT has an average volume of 2269120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NYT has an excellent technical rating, it does not present a decent entry opportunity 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
60.54
4 important support areas can be observed.
- A support zone ranging from 79.25 to 80.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.27 to 71.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.42 from a trend line in the daily time frame.
- Support @61.15 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for NYT is up. |
| ChartMill Relative Strength | 91.04 | POSITIVE | NYT has a high relative strength, it outperformed 91.04% 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) | 65.95 | NEUTRAL | The RSI value for NYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests NYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.68 | OVERBOUGHT | The high Stochastics value suggests NYT may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for NYT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.46 | NEUTRAL | The ADX value for NYT suggests a possible start of a new trend. |
NYT Technicals: Chart, Performance Metrics, Trend & Indicators
80.44
-1.51 (-1.84%)
NEW YORK TIMES CO-A / NYT 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 65.9531. 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 0.460375, 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 80.43. Check the full technical report for our detailed analysis of NYT support and resistance levels.