(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 2024-03-26 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 44540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 625.30 | 631.96 | 632.01 | 620.68 | 0.687 times |
| 25 Mon Mar 2024 | 630.17 | 625.11 | 637.50 | 625.11 | 0.7 times |
| 22 Fri Mar 2024 | 625.86 | 627.11 | 627.11 | 621.35 | 0.629 times |
| 21 Thu Mar 2024 | 625.73 | 623.56 | 627.41 | 615.89 | 0.779 times |
| 20 Wed Mar 2024 | 622.13 | 619.63 | 622.18 | 618.62 | 0.514 times |
| 19 Tue Mar 2024 | 621.53 | 613.94 | 622.93 | 613.94 | 0.665 times |
| 18 Mon Mar 2024 | 615.20 | 624.83 | 624.83 | 614.90 | 0.608 times |
| 15 Fri Mar 2024 | 622.74 | 615.92 | 629.54 | 615.92 | 2.537 times |
| 14 Thu Mar 2024 | 619.91 | 613.21 | 624.61 | 612.08 | 0.912 times |
| 13 Wed Mar 2024 | 615.44 | 612.43 | 615.62 | 603.00 | 1.614 times |
My analysis of stock is bearish for shortterm, and stock might move down till 616.1 or till 604.9. Use a stoploss of 625.47 and if the stock hits stoploss, then it can shoot up till 634.84
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 473.56 |
| Downside Target | 521.23 |
| Downside Target | 531.66 |
| Downside Target | 551.58 |
| Downside Target | 578.33 |
| Downside Target | 599.61 |
| Upside Target | 627.41 |
| Upside Target | 629.54 |
| Upside Target | 637.50 |
| Upside Target | 642.67 |
| Upside Target | 644.02 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 618.15 |
| Downside Intraday Target | 611.01 |
| Upside Intraday Target | 634.97 |
| Upside Intraday Target | 644.65 |
| Upside Intraday Target | 627.83 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 625.30 | 625.11 | 637.50 | 620.68 | 0.434 times |
| 22 Fri Mar 2024 | 625.86 | 624.83 | 627.41 | 613.94 | 0.465 times |
| 15 Fri Mar 2024 | 622.74 | 614.08 | 629.54 | 603.00 | 1.652 times |
| 08 Fri Mar 2024 | 615.36 | 644.00 | 650.00 | 615.07 | 0.902 times |
| 01 Fri Mar 2024 | 643.89 | 632.52 | 644.02 | 619.39 | 1.26 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 |
| 26 Tue Mar 2024 | 625.30 | 640.92 | 650.00 | 603.00 | 0.86 times |
| 29 Thu Feb 2024 | 641.67 | 556.28 | 642.67 | 551.58 | 0.771 times |
| 31 Wed Jan 2024 | 557.81 | 544.48 | 599.61 | 539.83 | 0.973 times |
| 29 Fri Dec 2023 | 545.83 | 528.65 | 578.33 | 521.23 | 1.408 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 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 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 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 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 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmarket Corporation in short term but SELL signal is weak.
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
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 621.83 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 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 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 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 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 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmarket Corporation in short term but SELL signal is weak.
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
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 621.83 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.