(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 2024-09-05 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 20905
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 540.21 | 545.43 | 545.44 | 539.52 | 0.933 times |
| 04 Wed Sep 2024 | 550.84 | 551.98 | 553.92 | 545.41 | 0.871 times |
| 03 Tue Sep 2024 | 555.96 | 570.24 | 570.24 | 554.19 | 1.368 times |
| 30 Fri Aug 2024 | 573.77 | 570.48 | 573.97 | 565.85 | 1.311 times |
| 30 Fri Aug 2024 | 573.77 | 570.48 | 573.97 | 565.85 | 1.311 times |
| 29 Thu Aug 2024 | 568.17 | 562.44 | 570.45 | 556.57 | 1.416 times |
| 28 Wed Aug 2024 | 557.64 | 556.41 | 562.80 | 556.41 | 0.828 times |
| 27 Tue Aug 2024 | 554.80 | 555.70 | 558.40 | 554.61 | 0.646 times |
| 26 Mon Aug 2024 | 557.02 | 562.73 | 562.73 | 555.37 | 0.88 times |
| 23 Fri Aug 2024 | 563.03 | 560.70 | 564.22 | 560.70 | 0.72 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 545.4, but if it comes above 545.4, then a intra day buy could be more profitable.
If you take a sell trade below 545.4, then use 545.4 as stoploss and 534.4 as target. However if you take a buy trade in stock , then use 545.4 as stoploss and 554.65 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 | 565.85 |
| Upside Target | 570.14 |
| Upside Target | 570.24 |
| Upside Target | 573.97 |
| Upside Target | 575.23 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 529.74 |
| Downside Intraday Target | 519.27 |
| Upside Intraday Target | 560.46 |
| Upside Intraday Target | 580.71 |
| Upside Intraday Target | 549.99 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 540.21 | 570.24 | 570.24 | 539.52 | 2.42 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 |
| 23 Fri Aug 2024 | 563.03 | 550.26 | 564.22 | 548.30 | 0.562 times |
| 16 Fri Aug 2024 | 549.12 | 545.12 | 561.27 | 540.95 | 1.016 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 |
| 05 Thu Sep 2024 | 540.21 | 570.24 | 570.24 | 539.52 | 0.136 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 560.97 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 560.97 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.