(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 2024-07-15 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 30000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 532.76 | 537.53 | 541.00 | 532.76 | 0.643 times |
| 12 Fri Jul 2024 | 536.34 | 533.00 | 538.10 | 529.57 | 1.09 times |
| 11 Thu Jul 2024 | 528.75 | 519.11 | 530.41 | 519.11 | 0.93 times |
| 10 Wed Jul 2024 | 514.00 | 510.99 | 515.55 | 509.17 | 0.777 times |
| 09 Tue Jul 2024 | 507.12 | 508.82 | 509.20 | 506.74 | 0.677 times |
| 08 Mon Jul 2024 | 510.20 | 513.81 | 514.32 | 509.70 | 1.013 times |
| 05 Fri Jul 2024 | 509.08 | 507.70 | 510.03 | 504.47 | 1.26 times |
| 03 Wed Jul 2024 | 520.00 | 525.73 | 525.73 | 519.54 | 0.83 times |
| 03 Wed Jul 2024 | 520.00 | 525.73 | 525.73 | 519.54 | 0.83 times |
| 02 Tue Jul 2024 | 523.50 | 523.60 | 524.65 | 519.52 | 1.007 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 536.1, for a target of 527 or 519.46
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 494.04 |
| Downside Target | 504.47 |
| Downside Target | 532.76 |
| Upside Target | 538.10 |
| Upside Target | 541.00 |
| Upside Target | 543.98 |
| Upside Target | 570.14 |
| Upside Target | 603.00 |
| Upside Target | 637.40 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 530.01 |
| Downside Intraday Target | 527.27 |
| Upside Intraday Target | 538.25 |
| Upside Intraday Target | 543.75 |
| Upside Intraday Target | 535.51 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 532.76 | 537.53 | 541.00 | 532.76 | 0.143 times |
| 12 Fri Jul 2024 | 536.34 | 513.81 | 538.10 | 506.74 | 2.147 times |
| 05 Fri Jul 2024 | 509.08 | 525.73 | 525.73 | 504.47 | 0.611 times |
| 03 Wed Jul 2024 | 520.00 | 518.67 | 525.73 | 514.35 | 0.473 times |
| 28 Fri Jun 2024 | 515.57 | 523.66 | 529.77 | 494.04 | 0.876 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 |
| 15 Mon Jul 2024 | 532.76 | 518.67 | 541.00 | 504.47 | 0.382 times |
| 28 Fri Jun 2024 | 515.57 | 539.53 | 543.98 | 494.04 | 1.157 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 |
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 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 short 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 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 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 BUY. 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Newmarket Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 520.07 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 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 short 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 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 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 BUY. 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Newmarket Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 520.07 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.