(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 2024-05-13 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 32510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 559.48 | 566.06 | 567.64 | 557.25 | 0.723 times |
| 10 Fri May 2024 | 564.66 | 565.90 | 566.84 | 563.78 | 0.581 times |
| 09 Thu May 2024 | 565.30 | 564.35 | 570.14 | 562.14 | 0.627 times |
| 08 Wed May 2024 | 562.45 | 562.31 | 566.60 | 560.17 | 0.757 times |
| 07 Tue May 2024 | 562.34 | 556.63 | 563.45 | 556.02 | 1.27 times |
| 06 Mon May 2024 | 552.78 | 549.92 | 555.90 | 548.35 | 0.803 times |
| 03 Fri May 2024 | 546.89 | 543.42 | 549.07 | 541.75 | 0.938 times |
| 02 Thu May 2024 | 539.52 | 533.27 | 543.97 | 533.27 | 1.055 times |
| 01 Wed May 2024 | 530.12 | 529.53 | 533.65 | 524.04 | 0.849 times |
| 30 Tue Apr 2024 | 526.92 | 533.26 | 539.09 | 525.35 | 1.157 times |
My analysis of stock is bearish for shortterm, and stock might move down till 538.5 or till 512.2. Use a stoploss of 560.47 and if the stock hits stoploss, then it can shoot up till 582.43
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 524.04 |
| Downside Target | 539.83 |
| Upside Target | 570.14 |
| Upside Target | 579.25 |
| Upside Target | 594.54 |
| Upside Target | 598.00 |
| Upside Target | 599.61 |
| Upside Target | 603.00 |
| Upside Target | 637.40 |
| Upside Target | 642.67 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 555.27 |
| Downside Intraday Target | 551.07 |
| Upside Intraday Target | 565.66 |
| Upside Intraday Target | 571.85 |
| Upside Intraday Target | 561.46 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 559.48 | 566.06 | 567.64 | 557.25 | 0.179 times |
| 10 Fri May 2024 | 564.66 | 549.92 | 570.14 | 548.35 | 0.678 times |
| 03 Fri May 2024 | 546.89 | 532.76 | 549.07 | 524.04 | 0.689 times |
| 26 Fri Apr 2024 | 529.41 | 585.93 | 594.54 | 526.72 | 1.494 times |
| 19 Fri Apr 2024 | 586.34 | 595.90 | 598.00 | 579.25 | 0.895 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 |
| 13 Mon May 2024 | 559.48 | 529.53 | 570.14 | 524.04 | 0.257 times |
| 30 Tue Apr 2024 | 526.92 | 637.40 | 637.40 | 525.35 | 1.18 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 |
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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
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 below 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 SELL signal in short term but selling 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 549.4 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Newmarket Corporation in short term but the buy signal is initial and weak.
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 below 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 SELL signal in short term but selling 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 549.4 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.