New York Times Company (The) Stock Forecast
Stock Analysis |
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Risk Assessment |
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New York Times Company (The) stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session
(Updated on Jan 21, 2025)
The New York Times Company (The) stock price gained 1.39% on the last trading day (Tuesday, 21st Jan 2025), rising from $51.86 to $52.58. During the last trading day the stock fluctuated 1.70% from a day low at $52.15 to a day high of $53.04. The price has fallen in 6 of the last 10 days and is down by -0.59% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 761 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $76.85 million.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.64% during the next 3 months and, with a 90% probability hold a price between $47.62 and $52.15 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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NYT Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, January 10, 2025, and so far it has risen 3.50%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The New York Times Company (The) stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $53.45. On a fall, the stock will find some support from the short-term average at $51.68. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for New York Times Company (The) stock
New York Times Company (The) finds support from accumulated volume at $52.43 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.88 between high and low, or 1.70%. For the last week the stock has had daily average volatility of 1.43%.
Our recommended stop-loss: $49.89 (-5.12%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (NYT) For The Upcoming Trading Day Of Wednesday 22nd
For the upcoming trading day on Wednesday, 22nd we expect New York Times Company (The) to open at $52.59, and during the day (based on 14 day Average True Range), to move between $51.58 and $53.58, which gives a possible trading interval of +/-$1.00 (+/-1.90%) up or down from last closing price. If New York Times Company (The) takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $52.43 (0.29%) than the resistance at $54.17 (3.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is New York Times Company (The) stock A Buy?
New York Times Company (The) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.143 Hold/Accumulate Upgraded
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Predicted Fair Opening Price
Predicted fair opening price on January 22, 2025 - $52.59 ( 0.0158%).NYT Performance
Trading levels for NYT
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 53.47 | 1.70% |
R2 | 53.14 | 1.06% |
R1 | 52.93 | 0.659% |
Price | 52.58 | |
S1 | 52.25 | -0.627% |
S2 | 52.04 | -1.02% |
S3 | 51.70 | -1.67% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 55.07 | 4.74% |
R2 | 54.21 | 3.10% |
R1 | 54.17 | 3.02% |
Price | 52.58 | |
S1 | 52.43 | -0.285% |
S2 | 52.10 | -0.91% |
S3 | 50.80 | -3.39% |
NYT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 19, 2024 | Jan 10, 2025 | Jan 23, 2025 | $0.130 | 0.247% |
2 | Dec 19, 2024 | Jan 09, 2025 | Jan 23, 2025 | $0.130 | 0.247% |
3 | Oct 09, 2024 | Oct 09, 2024 | Oct 24, 2024 | $0.130 | 0.238% |
4 | Jul 09, 2024 | Jul 09, 2024 | Jul 25, 2024 | $0.130 | 0.243% |
5 | Apr 01, 2024 | Apr 01, 2024 | Apr 18, 2024 | $0.130 | 0.311% |
FAQ
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