New York Times Co (NYT): Price Down $-0.55 (-1.2)% Over Past Day, Down $-0.55 (-1.2)% Over Past Hour

The Hourly View for NYT

At the moment, NYT (Get Ratings)’s price is down $-0.55 (-1.2%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

NYT ranks 12th in terms of today’s price percentage change out of Printing and Publishing stocks.

NYT’s Technical Outlook on the Daily Chart

Currently, NYT’s price is down $-0.55 (-1.2%) from the day prior. NYT has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows NYT’s price action over the past 90 days.

NYT

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NYT: Daily RSI Analysis

  • For NYT, its RSI is now at 19.1176.
  • NYT and RSI may be exhibiting divergent trends. This may be something to monitor.

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