(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 2024-03-12 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 37770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 610.77 | 617.30 | 618.43 | 607.46 | 1.228 times |
| 11 Mon Mar 2024 | 614.95 | 614.08 | 617.03 | 610.56 | 0.903 times |
| 08 Fri Mar 2024 | 615.36 | 626.05 | 626.05 | 615.07 | 1.009 times |
| 07 Thu Mar 2024 | 623.60 | 625.97 | 632.14 | 623.60 | 0.919 times |
| 06 Wed Mar 2024 | 625.66 | 635.49 | 635.49 | 625.65 | 1.041 times |
| 05 Tue Mar 2024 | 632.79 | 638.50 | 644.00 | 631.22 | 1.152 times |
| 04 Mon Mar 2024 | 643.00 | 644.00 | 650.00 | 640.71 | 0.784 times |
| 01 Fri Mar 2024 | 643.89 | 640.92 | 644.02 | 635.39 | 0.789 times |
| 29 Thu Feb 2024 | 641.67 | 635.73 | 642.67 | 635.73 | 1.493 times |
| 28 Wed Feb 2024 | 633.63 | 635.35 | 637.51 | 630.02 | 0.993 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 602.6 as stoploss in an intra day buy trade for a target of 619.81. However, stock will show a bearish move below 602.6.
Share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Target | 473.56 |
| Downside Target | 521.23 |
| Downside Target | 531.66 |
| Downside Target | 551.58 |
| Downside Target | 578.33 |
| Downside Target | 596.60 |
| Upside Target | 618.43 |
| Upside Target | 619.39 |
| Upside Target | 633.55 |
| Upside Target | 642.67 |
| Upside Target | 644.02 |
| Upside Target | 650.00 |
Intraday share price targets for Newmarket Corporation (NEU)
| Target Type | Value |
| Downside Intraday Target | 606.01 |
| Downside Intraday Target | 601.25 |
| Upside Intraday Target | 616.98 |
| Upside Intraday Target | 623.19 |
| Upside Intraday Target | 612.22 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 610.77 | 614.08 | 618.43 | 607.46 | 0.435 times |
| 08 Fri Mar 2024 | 615.36 | 644.00 | 650.00 | 615.07 | 0.902 times |
| 01 Fri Mar 2024 | 643.89 | 632.52 | 644.02 | 619.39 | 1.26 times |
| 23 Fri Feb 2024 | 631.88 | 600.68 | 633.55 | 596.60 | 0.792 times |
| 16 Fri Feb 2024 | 598.05 | 589.80 | 608.45 | 584.24 | 1.242 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 |
| 12 Tue Mar 2024 | 610.77 | 640.92 | 650.00 | 607.46 | 0.35 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 |
| 29 Fri Dec 2023 | 545.83 | 528.65 | 578.33 | 521.23 | 1.408 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 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 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 mid to longer 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.
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 SELL signal for Newmarket Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 628.35 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 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 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 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 mid to longer 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.
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 SELL signal for Newmarket Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 628.35 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.