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Is NYT primed for downward momentum? Fell Below 200 Day Moving Average shows up after sinking 3.72%
On Thursday, June 25th, NYT moved down 3.72% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Fell Below 200 DMA, Lower Bollinger Band Walk & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 67.55, 66.52 & 64.51, with resistance at 70.58, 72.59 & 73.62. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of NYT: D
Just a sneak peek — check SwingTradeBot.com for the full story on NYT.
Read full article here »