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New York Times-A Crosses Above its 10-day MA (NYT)

By Amy Schwartz

New York Times-A (NYSE:NYT) crossed over its 10-day moving average of $22.42 on a volume of 219K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, New York Times-A share prices have been bracketed by a low of $16.95 and a high of $26.85 and are now at $22.52, 33% above that low price. The 200-day and 50-day moving averages have moved 0.26% higher and 0.88% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of New York Times-A on July 27th, 2018 by issuing a Downtrend alert when the shares were trading at $24.13. Since that call, shares of New York Times-A have fallen 7.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses new york times-a

Ticker(s): NYT