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(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 2024-09-20 View latest technical analysis

10 day averaged volume of Newmarket Corporation is 31580

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	540.12	545.13	548.54	539.57	7.587 times
19 Thu Sep 2024	553.98	553.83	559.87	550.51	0.839 times
18 Wed Sep 2024	548.04	555.29	558.29	547.55	0.798 times
17 Tue Sep 2024	554.50	560.48	563.63	554.50	0.814 times
16 Mon Sep 2024	560.60	559.98	565.46	557.04	0.693 times
13 Fri Sep 2024	557.21	558.33	559.91	551.60	1.016 times
12 Thu Sep 2024	552.78	555.44	558.92	548.59	0.76 times
11 Wed Sep 2024	558.20	563.44	565.85	554.43	1.339 times
10 Tue Sep 2024	568.47	580.94	580.94	563.44	1.225 times
09 Mon Sep 2024	578.39	539.67	596.89	539.67	2.071 times

Stock of Newmarket Corporation (NEU) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 545.8, but if it comes above 545.8, then a intra day buy could be more profitable.
If you take a sell trade below 545.8, then use 545.8 as stoploss and 532.4 as target. However if you take a buy trade in stock , then use 545.8 as stoploss and 556.98 as target.

Share price targets for Newmarket Corporation (NEU)

Target Type	Value
Downside Target	494.04
Downside Target	504.47
Downside Target	523.65
Upside Target	570.14
Upside Target	570.24
Upside Target	573.97
Upside Target	575.23
Upside Target	596.89

Intraday share price targets for Newmarket Corporation (NEU)

Target Type	Value
Downside Intraday Target	531.31
Downside Intraday Target	522.49
Upside Intraday Target	557.2
Upside Intraday Target	574.27
Upside Intraday Target	548.38

Weekly technical analysis of Newmarket Corporation (NEU)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	540.12	559.98	565.46	539.57	1.674 times
13 Fri Sep 2024	557.21	539.67	596.89	539.67	2.522 times
06 Fri Sep 2024	535.21	570.24	570.24	533.52	2.931 times
30 Fri Aug 2024	573.77	570.48	573.97	565.85	0.258 times
30 Fri Aug 2024	573.77	562.73	573.97	554.61	1.592 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
20 Fri Sep 2024	540.12	570.24	596.89	533.52	1.275 times
30 Fri Aug 2024	573.77	564.02	573.97	529.94	0.745 times
31 Wed Jul 2024	560.87	518.67	575.23	504.47	0.783 times
28 Fri Jun 2024	515.57	539.53	543.98	494.04	1.157 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newmarket Corporation in short term but the sell 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 coming down

CCI has generated a SELL signal for Newmarket Corporation in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 552.31 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 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.