New York Times Technical Analysis (NYSE:NYT)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the New York Times stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NYT stock chart which creates a trading signal.
See New York Times bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for New York Times stock analysis that does not care for the fair value of a company but uses price and volume data only.
New York Times Moving Average
Moving averages help predict the price direction of NYT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $22.97 is above the price of $22.25.
New York Times Bollinger Bands
Bollinger bands comprise of a center line usually NYT SMA, and two NYT stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of New York Times bollinger bands.
New York Times Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The New York Times MACD indicator can be used to identify bullish and bearish trends for the stock.
New York Times Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NYT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.