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Next Support Level for New York Times-A (NYT) is $24.68

By Amy Schwartz

Shares of New York Times-A (NYSE:NYT) have bearishly opened below the pivot of $25.11 today and have reached the first support level of $24.89. Should the shares continue to fall, the support pivots of $24.68 and $24.25 will be of interest.

There is potential upside of 0.0% for shares of New York Times-A based on a current price of $0.00 and an average consensus analyst price target of $22.25. New York Times-A shares should first meet resistance at the 50-day moving average (MA) of $12.66 and find additional resistance at the 200-day MA of $12.83.

Over the past year, New York Times-Ahas traded in a range of $0.00 to $25.70 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.12% lower and 0.13% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of New York Times-A on November 29th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $18.67. Since that recommendation, shares of New York Times-A have risen 34.4%. We continue to monitor NYT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts new york times-a

Ticker(s): NYT