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Dec 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for The New York Times (NYSE:NYT) on October 25th, 2012 at $9.10. In approximately 1 month, The New York Times has returned 10.88% as of today's recent price of $8.11.
In the past 52 weeks, shares of The New York Times have traded between a low of $5.88 and a high of $11.07 and are now at $8.11, which is 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.
The New York Times Company, a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company's publications include The New York Times, The Boston Globe, and the International Herald Tribune.. New York Times also holds interests in a newsprint mill and a paper mill.
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.
Log in and add The New York Times (NYT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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Copyright, Comtex News Network, Inc. 2012
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