(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 2024-06-04 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 33953
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 537.51 | 535.17 | 542.12 | 533.44 | 1.107 times |
| 03 Mon Jun 2024 | 539.37 | 539.53 | 540.80 | 531.12 | 1.128 times |
| 31 Fri May 2024 | 535.07 | 534.85 | 535.90 | 526.00 | 1.752 times |
| 30 Thu May 2024 | 532.31 | 524.98 | 534.02 | 524.98 | 1.046 times |
| 29 Wed May 2024 | 524.07 | 531.11 | 531.45 | 523.65 | 1.134 times |
| 28 Tue May 2024 | 535.87 | 547.14 | 547.14 | 535.75 | 0.975 times |
| 24 Fri May 2024 | 543.02 | 542.99 | 544.99 | 541.02 | 0.736 times |
| 23 Thu May 2024 | 542.23 | 547.96 | 548.97 | 540.66 | 0.71 times |
| 22 Wed May 2024 | 550.38 | 548.73 | 553.78 | 545.51 | 0.969 times |
| 21 Tue May 2024 | 546.40 | 549.55 | 552.62 | 544.05 | 0.713 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 536.9 as stoploss in an intra day buy trade for a target of 548.79. However, stock will show a bearish move below 536.9.
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 523.65 |
| Upside Target | 551.58 |
| Upside Target | 557.25 |
| Upside Target | 567.64 |
| Upside Target | 570.14 |
| 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 | 531.71 |
| Downside Intraday Target | 525.92 |
| Upside Intraday Target | 542.71 |
| Upside Intraday Target | 547.92 |
| Downside Intraday Target | 536.92 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 537.51 | 539.53 | 542.12 | 531.12 | 0.456 times |
| 31 Fri May 2024 | 535.07 | 547.14 | 547.14 | 523.65 | 1.237 times |
| 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 |
Price has moved up 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 |
| 04 Tue Jun 2024 | 537.51 | 539.53 | 542.12 | 531.12 | 0.105 times |
| 31 Fri May 2024 | 535.07 | 529.53 | 570.14 | 523.65 | 0.752 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short 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 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 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 losing 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 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 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 buy signal for Newmarket Corporation in short term but BUY 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 537.68 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Newmarket Corporation ( (NEU) ) based on a short 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 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 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 losing 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 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 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 buy signal for Newmarket Corporation in short term but BUY 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 537.68 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.