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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 2024-10-11 View latest technical analysis

10 day averaged volume of Newmarket Corporation is 25100

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	525.23	525.28	528.80	524.35	0.721 times
10 Thu Oct 2024	523.65	520.20	528.00	520.20	0.697 times
09 Wed Oct 2024	524.78	524.20	526.34	519.84	1.622 times
08 Tue Oct 2024	523.03	517.63	523.30	517.04	1.641 times
07 Mon Oct 2024	522.66	526.34	526.34	519.95	0.837 times
04 Fri Oct 2024	529.29	533.36	533.36	524.16	0.936 times
03 Thu Oct 2024	529.60	540.40	540.40	529.46	0.777 times
02 Wed Oct 2024	539.97	548.02	551.18	537.84	0.972 times
01 Tue Oct 2024	547.01	552.42	552.42	544.93	0.912 times
30 Mon Sep 2024	551.89	550.01	551.89	545.58	0.98 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 528.9, but if it comes above 528.9, then a intra day buy could be more profitable.
If you take a sell trade below 528.9, then use 528.9 as stoploss and 513 as target. However if you take a buy trade in stock , then use 528.9 as stoploss and 542.2 as target.

Share price targets for Newmarket Corporation (NEU)

Target Type	Value
Downside Target	494.04
Downside Target	504.47
Downside Target	517.04
Upside Target	552.42
Upside Target	562.10
Upside Target	565.46
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	518.58
Downside Intraday Target	511.93
Upside Intraday Target	530.34
Upside Intraday Target	535.45
Downside Intraday Target	523.69

Weekly technical analysis of Newmarket Corporation (NEU)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	525.23	526.34	528.80	517.04	1.205 times
04 Fri Oct 2024	529.29	550.01	552.42	524.16	0.814 times
27 Fri Sep 2024	552.73	542.10	562.10	542.10	0.417 times
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

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
11 Fri Oct 2024	525.23	552.42	552.42	517.04	0.291 times
30 Mon Sep 2024	551.89	570.24	596.89	533.52	1.615 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newmarket Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Newmarket Corporation in short term and the sell signal is strong.

Newmarket Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newmarket Corporation in short term but BUY signal is weak.

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 531.17 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.