(NEU) Newmarket Corporation complete technical analysis [charts+indicators] | Buy/Sell Newmarket Corporation | (NEU) share price targets
Complete technical analysis of Newmarket Corporation (NEU) by charts plus indicators, forecast predictions and share price targets for Newmarket Corporation (NEU)
Newmarket Corporation trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-04-16 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 39500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 588.83 | 592.98 | 592.98 | 583.47 | 0.891 times |
| 15 Mon Apr 2024 | 594.88 | 595.90 | 598.00 | 591.40 | 0.967 times |
| 12 Fri Apr 2024 | 592.74 | 596.05 | 596.50 | 590.61 | 1.205 times |
| 11 Thu Apr 2024 | 600.09 | 601.87 | 602.51 | 598.84 | 1.084 times |
| 10 Wed Apr 2024 | 600.39 | 597.29 | 601.95 | 595.76 | 1.078 times |
| 09 Tue Apr 2024 | 603.10 | 615.56 | 615.56 | 601.38 | 1.035 times |
| 08 Mon Apr 2024 | 614.43 | 622.09 | 624.91 | 614.32 | 0.927 times |
| 05 Fri Apr 2024 | 618.27 | 617.97 | 620.92 | 613.45 | 1.038 times |
| 04 Thu Apr 2024 | 616.98 | 626.50 | 626.93 | 616.16 | 0.823 times |
| 03 Wed Apr 2024 | 624.58 | 625.81 | 632.60 | 623.35 | 0.959 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 585.5, for a target of 602.4 or 616.49
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 521.23 |
| Downside Target | 539.83 |
| Downside Target | 551.58 |
| Downside Target | 578.33 |
| Upside Target | 620.68 |
| Upside Target | 624.91 |
| Upside Target | 627.41 |
| Upside Target | 637.40 |
| Upside Target | 638.21 |
| Upside Target | 642.67 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 582.2 |
| Downside Intraday Target | 575.57 |
| Upside Intraday Target | 596.73 |
| Upside Intraday Target | 604.63 |
| Upside Intraday Target | 590.1 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 588.83 | 595.90 | 598.00 | 583.47 | 0.349 times |
| 12 Fri Apr 2024 | 592.74 | 622.09 | 624.91 | 590.61 | 1.178 times |
| 05 Fri Apr 2024 | 618.27 | 637.40 | 637.40 | 613.45 | 1.187 times |
| 28 Thu Mar 2024 | 634.62 | 625.11 | 638.21 | 620.68 | 1.058 times |
| 22 Fri Mar 2024 | 625.86 | 624.83 | 627.41 | 613.94 | 0.465 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Newmarket Corporation (NEU)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 588.83 | 637.40 | 637.40 | 583.47 | 0.568 times |
| 28 Thu Mar 2024 | 634.62 | 640.92 | 650.00 | 603.00 | 0.965 times |
| 29 Thu Feb 2024 | 641.67 | 556.28 | 642.67 | 551.58 | 0.771 times |
| 31 Wed Jan 2024 | 557.81 | 544.48 | 599.61 | 539.83 | 0.973 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Newmarket Corporation (NEU)
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Newmarket Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newmarket Corporation in short term and the sell signal is strong.
Newmarket Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmarket Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Newmarket Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 604.99 and Newmarket Corporation (NEU) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newmarket Corporation (NEU) stock. Volume based technical analysis of Newmarket Corporation (NEU) stock is negative.
Newmarket Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Newmarket Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newmarket Corporation in short term and the sell signal is strong.
Newmarket Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmarket Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Newmarket Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 604.99 and Newmarket Corporation (NEU) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Newmarket Corporation (NEU) stock. Volume based technical analysis of Newmarket Corporation (NEU) stock is negative.
Newmarket Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.