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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NYT
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Weaker technical forecast for New York Times Company (The) as stock downgraded to Hold/Accumulate.
(Updated on Jun 11, 2024)

Buy or Hold candidate since May 01, 2024 Gain 16.16% PDF

The New York Times Company (The) stock price fell by -0.788% on the last day (Tuesday, 11th Jun 2024) from $50.73 to $50.33. During the last trading day the stock fluctuated 1.85% from a day low at $50.25 to a day high of $51.18. The price has been going up and down for this period, and there has been a 1.41% gain for the last 2 weeks. Volume has increased on the last day by 86 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 984 thousand shares were bought and sold for approximately $49.53 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 21.18% during the next 3 months and, with a 90% probability hold a price between $57.09 and $63.27 at the end of this 3-month period.

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NYT Signals & Forecast

The New York Times Company (The) stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $50.69. On a fall, the stock will find some support from the long-term average at approximately $47.81. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -1.70%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for New York Times Company (The) stock

New York Times Company (The) finds support from accumulated volume at $47.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.93 (1.85%) between high and low. For the last week, the stock has had daily average volatility of 1.66%.

Our recommended stop-loss: $48.60 (-3.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 38 days ago.)

Trading Expectations (NYT) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect New York Times Company (The) to open at $50.59, and during the day (based on 14 day Average True Range), to move between $49.47 and $51.19, which gives a possible trading interval of +/-$0.86 (+/-1.72%) 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 3.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $50.56 (0.46%) than the support at $47.98 (4.67%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is New York Times Company (The) stock A Buy?

New York Times Company (The) holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.560 Hold/Accumulate Downgraded

Predicted Opening Price for New York Times Company (The) of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$50.59 ( 0.510%) $50.33

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NYT

Fibonacci Support & Resistance Levels

Level Price
R3 51.52 2.36%
R2 51.16 1.65%
R1 50.94 1.22%
Price 50.33
S1 50.23 -0.196%
S2 50.01 -0.632%
S3 49.66 -1.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 51.20 1.73%
R2 50.67 0.676%
R1 50.56 0.457%
Price 50.33
S1 47.98 -4.67%
S2 47.74 -5.15%
S3 43.22 -14.13%

NYT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 01, 2024 Apr 18, 2024 $0.130 0.311%
2 Dec 14, 2023 Jan 03, 2024 Jan 18, 2024 $0.110 0.231%
3 Dec 14, 2023 Jan 02, 2024 Jan 18, 2024 $0.110 0.231%
4 Sep 28, 2023 Oct 06, 2023 Oct 26, 2023 $0.110 0.274%
5 Jun 29, 2023 Jul 10, 2023 Jul 27, 2023 $0.110 0.276%

FAQ

What is the symbol for New York Times Company (The) Stock and on which exchange is it traded?
The symbol for New York Times Company (The) is NYT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell New York Times Company (The) Stock?
New York Times Company (The) holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy New York Times Company (The) Stock?
New York Times Company (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy New York Times Company (The) Stock.

What's the current price of New York Times Company (The) Stock?
As of the end of day on the Jun 11, 2024, the price of an New York Times Company (The) (NYT) share was $50.33.

What is the 52-week high and low for New York Times Company (The) Stock?
The 52-week high for New York Times Company (The) Stock is $51.95 and the 52-week low is $36.54.

What is the market capitalization of New York Times Company (The) Stock?
As of the Jun 11, 2024, the market capitalization of New York Times Company (The) is 8.23B.

When is the next earnings date for New York Times Company (The)?
The upcoming earnings date for New York Times Company (The) is Aug 13, 2024.
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About New York Times Company (The)

New York Times Company (The) The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,50... NYT Profile

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