The New York Times: The Trend Continues Down (NYT)
Friday, March 19, 2010 - 05:37
Written on Fri, 03/19/2010 - 5:37am
By Chip Brian

SmarTrend identified a Downtrend for The New York Times (NYSE:NYT) on February 04, 2010 at $12.13. In approximately 1 month, The New York Times has returned 6.5% as of today's recent price of $11.34.
The New York Times is currently below its 50-day moving average of $12.18 and should find support at its 200-day moving average of $9.01. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of The New York Times.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): NYT

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