NEW YORK TIMES CO-A (NYT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NYT - US6501111073 - Common Stock
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.
Although NYT has an excellent technical rating, the quality of the presented setup is not ideal 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.
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50.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 65.21 to 67.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.04 from a horizontal line in the daily time frame.
- A support zone ranging from 58.00 to 58.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.06 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 | 85.06 | POSITIVE | NYT has a high relative strength, it outperformed 85.06% 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) | 71.49 | OVERBOUGHT | The high RSI value suggests NYT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.26 | OVERBOUGHT | The high Stochastics value suggests NYT may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for NYT suggests low volalility. |
| Average Directional Index/ADX (14) | 49.2 | POSITIVE | The high ADX value value for NYT suggests a strong trend. |
67.3
-0.23 (-0.34%)
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.
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 71.4901. This indicates that the stock is currently overbought.
What is the buy/sell signal for NEW YORK TIMES CO-A (NYT) stock?
The buy/sell signal for NEW YORK TIMES CO-A (NYT) is buy as both the short term and long term trends are positive.
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 67.29. Check the full technical report for our detailed analysis of NYT support and resistance levels.