(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.
10 day averaged volume of Newmarket Corporation is 39710
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 586.60 | 587.55 | 588.09 | 584.94 | 0.939 times |
22 Mon Apr 2024 | 588.51 | 585.93 | 594.54 | 584.50 | 0.876 times |
19 Fri Apr 2024 | 586.34 | 583.70 | 586.50 | 582.32 | 1.106 times |
18 Thu Apr 2024 | 583.38 | 588.15 | 588.15 | 579.25 | 0.884 times |
17 Wed Apr 2024 | 583.96 | 592.00 | 592.00 | 583.96 | 0.907 times |
16 Tue Apr 2024 | 588.83 | 592.98 | 592.98 | 583.47 | 0.886 times |
15 Mon Apr 2024 | 594.88 | 595.90 | 598.00 | 591.40 | 0.962 times |
12 Fri Apr 2024 | 592.74 | 596.05 | 596.50 | 590.61 | 1.199 times |
11 Thu Apr 2024 | 600.09 | 601.87 | 602.51 | 598.84 | 1.078 times |
10 Wed Apr 2024 | 600.39 | 597.29 | 601.95 | 595.76 | 1.073 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 588.8, but if it comes above 588.8, then a intra day buy could be more profitable.
If you take a sell trade below 588.8, then use 588.8 as stoploss and 567.4 as target. However if you take a buy trade in stock , then use 588.8 as stoploss and 606.65 as target.
Share price targets for Newmarket Corporation (NEU)
Target Type | Value |
Downside Target | 521.23 |
Downside Target | 539.83 |
Downside Target | 551.58 |
Downside Target | 578.33 |
Upside Target | 613.45 |
Upside Target | 620.68 |
Upside Target | 624.91 |
Upside Target | 637.40 |
Upside Target | 638.21 |
Upside Target | 642.67 |
Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
Target Type | Value |
Downside Intraday Target | 582.55 |
Downside Intraday Target | 578.51 |
Upside Intraday Target | 592.59 |
Upside Intraday Target | 598.59 |
Upside Intraday Target | 588.55 |
Weekly technical analysis of Newmarket Corporation (NEU)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 586.60 | 585.93 | 594.54 | 584.50 | 0.383 times |
19 Fri Apr 2024 | 586.34 | 595.90 | 598.00 | 579.25 | 0.895 times |
12 Fri Apr 2024 | 592.74 | 622.09 | 624.91 | 590.61 | 1.178 times |
05 Fri Apr 2024 | 618.27 | 637.40 | 637.40 | 613.45 | 1.187 times |
28 Thu Mar 2024 | 634.62 | 625.11 | 638.21 | 620.68 | 1.058 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 |
23 Tue Apr 2024 | 586.60 | 637.40 | 637.40 | 579.25 | 0.798 times |
28 Thu Mar 2024 | 634.62 | 640.92 | 650.00 | 603.00 | 0.965 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Newmarket Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 590.92 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 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 neutral. A longer time frame might give a better analysis.
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 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Newmarket Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 590.92 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.