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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 2024-10-22 View latest technical analysis

10 day averaged volume of Newmarket Corporation is 23510

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	519.61	518.81	525.30	516.26	1.293 times
21 Mon Oct 2024	519.29	527.44	527.44	518.26	0.97 times
18 Fri Oct 2024	525.02	529.00	529.00	523.43	0.846 times
17 Thu Oct 2024	528.80	527.62	529.47	524.86	0.583 times
16 Wed Oct 2024	529.93	532.17	536.00	529.93	1.021 times
15 Tue Oct 2024	526.55	529.18	531.75	525.81	1.072 times
14 Mon Oct 2024	526.99	523.35	528.11	523.35	0.51 times
11 Fri Oct 2024	525.23	525.28	528.80	524.35	0.77 times
10 Thu Oct 2024	523.65	520.20	528.00	520.20	0.744 times
09 Wed Oct 2024	524.78	524.20	526.34	519.84	1.731 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 520.7, but if it comes above 520.7, then a intra day buy could be more profitable.
If you take a sell trade below 520.7, then use 520.7 as stoploss and 506.4 as target. However if you take a buy trade in stock , then use 520.7 as stoploss and 532.67 as target.

Share price targets for Newmarket Corporation (NEU)

Target Type	Value
Downside Target	494.04
Downside Target	504.47
Downside Target	516.26
Upside Target	542.10
Upside Target	543.98
Upside Target	552.42
Upside Target	562.10
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	514.77
Downside Intraday Target	509.92
Upside Intraday Target	525.95
Upside Intraday Target	532.28
Upside Intraday Target	521.1

Weekly technical analysis of Newmarket Corporation (NEU)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	519.61	527.44	527.44	516.26	0.561 times
18 Fri Oct 2024	525.02	523.35	536.00	523.35	0.684 times
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

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
22 Tue Oct 2024	519.61	552.42	552.42	516.26	0.478 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 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 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 gaining 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 getting stronger in this stock.

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

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 524.6 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.