(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 2024-07-22 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 24208
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 547.06 | 535.40 | 547.76 | 521.64 | 1.037 times |
| 19 Fri Jul 2024 | 539.31 | 545.06 | 545.06 | 535.73 | 0.669 times |
| 18 Thu Jul 2024 | 547.64 | 547.11 | 550.91 | 545.74 | 0.566 times |
| 17 Wed Jul 2024 | 547.32 | 553.96 | 553.96 | 544.73 | 0.851 times |
| 16 Tue Jul 2024 | 554.62 | 533.33 | 558.87 | 533.33 | 1.557 times |
| 15 Mon Jul 2024 | 532.76 | 537.53 | 541.00 | 532.76 | 0.797 times |
| 12 Fri Jul 2024 | 536.34 | 533.00 | 538.10 | 529.57 | 1.351 times |
| 11 Thu Jul 2024 | 528.75 | 519.11 | 530.41 | 519.11 | 1.153 times |
| 10 Wed Jul 2024 | 514.00 | 510.99 | 515.55 | 509.17 | 0.962 times |
| 09 Tue Jul 2024 | 507.12 | 508.82 | 509.20 | 506.74 | 0.839 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 540.3, but if it comes below 540.3, then a intra day sell could be more profitable.
If you take a sell trade below 540.3, then use 540.3 as stoploss and 525.77 as target. However if you take a buy trade in stock , then use 540.3 as stoploss and 557.8 as target.
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 494.04 |
| Downside Target | 504.47 |
| Downside Target | 538.10 |
| Downside Target | 543.98 |
| Upside Target | 547.76 |
| Upside Target | 558.87 |
| 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 | 529.88 |
| Downside Intraday Target | 512.7 |
| Upside Intraday Target | 556 |
| Upside Intraday Target | 564.94 |
| Downside Intraday Target | 538.82 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 547.06 | 535.40 | 547.76 | 521.64 | 0.234 times |
| 19 Fri Jul 2024 | 539.31 | 537.53 | 558.87 | 532.76 | 0.799 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 |
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 |
| 22 Mon Jul 2024 | 547.06 | 518.67 | 558.87 | 504.47 | 0.518 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Newmarket Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Newmarket Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Newmarket Corporation in short term but SELL signal is weak.
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 536.31 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 positive
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Newmarket Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Newmarket Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Newmarket Corporation in short term but SELL signal is weak.
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 536.31 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.