(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 2024-05-28 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 33184
Date | Daily Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 535.87 | 547.14 | 547.14 | 535.75 | 0.997 times |
24 Fri May 2024 | 543.02 | 542.99 | 544.99 | 541.02 | 0.753 times |
23 Thu May 2024 | 542.23 | 547.96 | 548.97 | 540.66 | 0.726 times |
22 Wed May 2024 | 550.38 | 548.73 | 553.78 | 545.51 | 0.991 times |
21 Tue May 2024 | 546.40 | 549.55 | 552.62 | 544.05 | 0.729 times |
20 Mon May 2024 | 550.51 | 552.71 | 557.25 | 538.80 | 0.857 times |
17 Fri May 2024 | 551.15 | 555.96 | 557.15 | 549.96 | 0.967 times |
16 Thu May 2024 | 556.91 | 562.04 | 562.04 | 554.22 | 1.045 times |
15 Wed May 2024 | 561.84 | 556.69 | 566.88 | 556.69 | 0.749 times |
14 Tue May 2024 | 554.89 | 551.42 | 559.23 | 548.04 | 2.474 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 539.1, but if it comes above 539.1, then a intra day buy could be more profitable.
If you take a sell trade below 539.1, then use 539.1 as stoploss and 525.9 as target. However if you take a buy trade in stock , then use 539.1 as stoploss and 550.18 as target.
Share price targets for Newmarket Corporation (NEU)
Target Type | Value |
Downside Target | 524.04 |
Upside Target | 557.25 |
Upside Target | 567.64 |
Upside Target | 570.14 |
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 | 532.03 |
Downside Intraday Target | 528.2 |
Upside Intraday Target | 543.42 |
Upside Intraday Target | 550.98 |
Upside Intraday Target | 539.59 |
Weekly technical analysis of Newmarket Corporation (NEU)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 535.87 | 547.14 | 547.14 | 535.75 | 0.246 times |
24 Fri May 2024 | 543.02 | 552.71 | 557.25 | 538.80 | 0.683 times |
17 Fri May 2024 | 551.15 | 566.06 | 567.64 | 548.04 | 1.502 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 |
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 |
28 Tue May 2024 | 535.87 | 529.53 | 570.14 | 524.04 | 0.613 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 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 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 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 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 and selling is picking up 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 550.24 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 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 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 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 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 and selling is picking up 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 550.24 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.