(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 2024-05-17 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 32692
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 551.15 | 555.96 | 557.15 | 549.96 | 0.982 times |
16 Thu May 2024 | 556.91 | 562.04 | 562.04 | 554.22 | 1.061 times |
15 Wed May 2024 | 561.84 | 556.69 | 566.88 | 556.69 | 0.76 times |
14 Tue May 2024 | 554.89 | 551.42 | 559.23 | 548.04 | 2.511 times |
13 Mon May 2024 | 559.48 | 566.06 | 567.64 | 557.25 | 0.719 times |
10 Fri May 2024 | 564.66 | 565.90 | 566.84 | 563.78 | 0.578 times |
09 Thu May 2024 | 565.30 | 564.35 | 570.14 | 562.14 | 0.624 times |
08 Wed May 2024 | 562.45 | 562.31 | 566.60 | 560.17 | 0.752 times |
07 Tue May 2024 | 562.34 | 556.63 | 563.45 | 556.02 | 1.263 times |
06 Mon May 2024 | 552.78 | 549.92 | 555.90 | 548.35 | 0.798 times |
My analysis of stock is bearish for shortterm, and stock might move down till 536.5 or till 514.8. Use a stoploss of 554.59 and if the stock hits stoploss, then it can shoot up till 572.67
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 | 543.58 |
Downside Intraday Target | 536.01 |
Upside Intraday Target | 563.18 |
Upside Intraday Target | 575.21 |
Upside Intraday Target | 555.61 |
Weekly technical analysis of Newmarket Corporation (NEU)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 551.15 | 566.06 | 567.64 | 548.04 | 1.502 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newmarket Corporation (NEU)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 551.15 | 529.53 | 570.14 | 524.04 | 0.438 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
Newmarket Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 558.14 and Newmarket Corporation (NEU) stock is trading below this level. This means that stock is falling with high volumes. 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
Newmarket Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 558.14 and Newmarket Corporation (NEU) stock is trading below this level. This means that stock is falling with high volumes. 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.