(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 2024-11-08 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 20820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 557.31 | 556.32 | 560.75 | 554.19 | 0.831 times |
| 07 Thu Nov 2024 | 558.88 | 560.22 | 561.62 | 553.77 | 1.11 times |
| 06 Wed Nov 2024 | 563.85 | 556.01 | 563.96 | 552.87 | 1.162 times |
| 05 Tue Nov 2024 | 534.42 | 521.25 | 535.11 | 521.25 | 0.6 times |
| 04 Mon Nov 2024 | 524.87 | 530.18 | 530.19 | 524.50 | 0.706 times |
| 01 Fri Nov 2024 | 530.41 | 523.62 | 534.52 | 523.62 | 1.162 times |
| 31 Thu Oct 2024 | 524.97 | 528.24 | 532.92 | 524.52 | 0.961 times |
| 30 Wed Oct 2024 | 531.67 | 540.33 | 542.66 | 531.17 | 0.778 times |
| 29 Tue Oct 2024 | 537.59 | 536.77 | 539.07 | 531.85 | 1.028 times |
| 28 Mon Oct 2024 | 537.05 | 543.93 | 543.93 | 535.15 | 1.22 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 561.6, for a target of 546.4 or 533.74
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 504.47 |
| Downside Target | 516.26 |
| Downside Target | 536.00 |
| Downside Target | 543.93 |
| Downside Target | 545.99 |
| Downside Target | 552.42 |
| Upside Target | 563.96 |
| 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 | 531.05 |
| Downside Intraday Target | 504.8 |
| Upside Intraday Target | 573.76 |
| Upside Intraday Target | 590.22 |
| Downside Intraday Target | 547.51 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 557.31 | 530.18 | 563.96 | 521.25 | 0.856 times |
| 01 Fri Nov 2024 | 530.41 | 543.93 | 543.93 | 523.62 | 0.753 times |
| 25 Fri Oct 2024 | 538.64 | 527.44 | 545.99 | 516.26 | 1.502 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 |
Price has moved up 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 |
| 08 Fri Nov 2024 | 557.31 | 523.62 | 563.96 | 521.25 | 0.211 times |
| 31 Thu Oct 2024 | 524.97 | 552.42 | 552.42 | 516.26 | 0.697 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 541.14 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 541.14 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.