(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 2024-05-24 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 32574
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 543.02 | 542.99 | 544.99 | 541.02 | 0.767 times |
| 23 Thu May 2024 | 542.23 | 547.96 | 548.97 | 540.66 | 0.74 times |
| 22 Wed May 2024 | 550.38 | 548.73 | 553.78 | 545.51 | 1.01 times |
| 21 Tue May 2024 | 546.40 | 549.55 | 552.62 | 544.05 | 0.743 times |
| 20 Mon May 2024 | 550.51 | 552.71 | 557.25 | 538.80 | 0.873 times |
| 17 Fri May 2024 | 551.15 | 555.96 | 557.15 | 549.96 | 0.985 times |
| 16 Thu May 2024 | 556.91 | 562.04 | 562.04 | 554.22 | 1.064 times |
| 15 Wed May 2024 | 561.84 | 556.69 | 566.88 | 556.69 | 0.763 times |
| 14 Tue May 2024 | 554.89 | 551.42 | 559.23 | 548.04 | 2.52 times |
| 13 Mon May 2024 | 559.48 | 566.06 | 567.64 | 557.25 | 0.721 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 539.1 as stoploss in an intra day buy trade for a target of 550.14. However, stock will show a bearish move below 539.1.
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 524.04 |
| Downside Target | 538.80 |
| Upside Target | 567.64 |
| Upside Target | 570.14 |
| Upside Target | 594.54 |
| 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 | 535.46 |
| Downside Intraday Target | 527.91 |
| Upside Intraday Target | 553.91 |
| Upside Intraday Target | 564.81 |
| Upside Intraday Target | 546.36 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 543.02 | 552.71 | 557.25 | 538.80 | 0.683 times |
| 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 |
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 |
| 24 Fri May 2024 | 543.02 | 529.53 | 570.14 | 524.04 | 0.578 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 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 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.
Newmarket Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 552.33 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 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 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.
Newmarket Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 552.33 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.