(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 2024-05-06 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 47520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 552.78 | 549.92 | 555.90 | 548.35 | 0.549 times |
| 03 Fri May 2024 | 546.89 | 543.42 | 549.07 | 541.75 | 0.642 times |
| 02 Thu May 2024 | 539.52 | 533.27 | 543.97 | 533.27 | 0.722 times |
| 01 Wed May 2024 | 530.12 | 529.53 | 533.65 | 524.04 | 0.581 times |
| 30 Tue Apr 2024 | 526.92 | 533.26 | 539.09 | 525.35 | 0.791 times |
| 29 Mon Apr 2024 | 535.10 | 532.76 | 540.12 | 531.15 | 1.343 times |
| 26 Fri Apr 2024 | 529.41 | 533.59 | 540.16 | 526.72 | 1.374 times |
| 25 Thu Apr 2024 | 533.59 | 571.59 | 574.45 | 530.50 | 2.045 times |
| 24 Wed Apr 2024 | 583.25 | 588.05 | 593.64 | 581.43 | 0.985 times |
| 23 Tue Apr 2024 | 586.60 | 587.55 | 588.09 | 584.94 | 0.785 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 541.7 as stoploss in an intra day buy trade for a target of 569.32. However, stock will show a bearish move below 541.7.
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 524.04 |
| Downside Target | 539.83 |
| Upside Target | 579.25 |
| Upside Target | 594.54 |
| Upside Target | 598.00 |
| Upside Target | 599.61 |
| Upside Target | 603.00 |
| Upside Target | 624.91 |
| 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 | 548.79 |
| Downside Intraday Target | 544.79 |
| Upside Intraday Target | 556.34 |
| Upside Intraday Target | 559.89 |
| Downside Intraday Target | 552.34 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 552.78 | 549.92 | 555.90 | 548.35 | 0.135 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 |
| 12 Fri Apr 2024 | 592.74 | 622.09 | 624.91 | 590.61 | 1.178 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 |
| 06 Mon May 2024 | 552.78 | 529.53 | 555.90 | 524.04 | 0.123 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 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 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 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 losing momentum.
MACD generated a SELL signal for Newmarket Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Newmarket Corporation in short term and BUY 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
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 544.07 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Newmarket Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmarket Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Newmarket Corporation in short term and BUY 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
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 544.07 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 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.