(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 2024-05-14 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 28480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 554.89 | 551.42 | 559.23 | 548.04 | 2.883 times |
| 13 Mon May 2024 | 559.48 | 566.06 | 567.64 | 557.25 | 0.825 times |
| 10 Fri May 2024 | 564.66 | 565.90 | 566.84 | 563.78 | 0.664 times |
| 09 Thu May 2024 | 565.30 | 564.35 | 570.14 | 562.14 | 0.716 times |
| 08 Wed May 2024 | 562.45 | 562.31 | 566.60 | 560.17 | 0.864 times |
| 07 Tue May 2024 | 562.34 | 556.63 | 563.45 | 556.02 | 1.45 times |
| 06 Mon May 2024 | 552.78 | 549.92 | 555.90 | 548.35 | 0.916 times |
| 03 Fri May 2024 | 546.89 | 543.42 | 549.07 | 541.75 | 1.071 times |
| 02 Thu May 2024 | 539.52 | 533.27 | 543.97 | 533.27 | 1.204 times |
| 01 Wed May 2024 | 530.12 | 529.53 | 533.65 | 524.04 | 0.969 times |
Stock of Newmarket Corporation (NEU) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 537.8 or till 512.6. Use a stoploss of 558.77 and if the stock hits stoploss, then it can shoot up till 579.77
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 524.04 |
| Downside Target | 539.83 |
| Upside Target | 567.64 |
| Upside Target | 579.25 |
| Upside Target | 594.54 |
| Upside Target | 598.00 |
| Upside Target | 599.61 |
| Upside Target | 603.00 |
| Upside Target | 637.40 |
| Upside Target | 642.67 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 546.07 |
| Downside Intraday Target | 537.26 |
| Upside Intraday Target | 565.67 |
| Upside Intraday Target | 576.46 |
| Upside Intraday Target | 556.86 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 554.89 | 566.06 | 567.64 | 548.04 | 0.804 times |
| 10 Fri May 2024 | 564.66 | 549.92 | 570.14 | 548.35 | 0.678 times |
| 03 Fri May 2024 | 546.89 | 532.76 | 549.07 | 524.04 | 0.689 times |
| 26 Fri Apr 2024 | 529.41 | 585.93 | 594.54 | 526.72 | 1.494 times |
| 19 Fri Apr 2024 | 586.34 | 595.90 | 598.00 | 579.25 | 0.895 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 |
| 14 Tue May 2024 | 554.89 | 529.53 | 570.14 | 524.04 | 0.343 times |
| 30 Tue Apr 2024 | 526.92 | 637.40 | 637.40 | 525.35 | 1.18 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a mid to longer 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.
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 BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newmarket Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 553.34 and Newmarket Corporation (NEU) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a mid to longer 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.
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 BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newmarket Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 553.34 and Newmarket Corporation (NEU) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.