(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 2024-03-15 View latest technical analysis
10 day averaged volume of Newmarket Corporation is 40800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 622.74 | 615.92 | 629.54 | 615.92 | 2.77 times |
| 14 Thu Mar 2024 | 619.91 | 613.21 | 624.61 | 612.08 | 0.995 times |
| 13 Wed Mar 2024 | 615.44 | 612.43 | 615.62 | 603.00 | 1.762 times |
| 12 Tue Mar 2024 | 610.77 | 617.30 | 618.43 | 607.46 | 1.137 times |
| 11 Mon Mar 2024 | 614.95 | 614.08 | 617.03 | 610.56 | 0.836 times |
| 08 Fri Mar 2024 | 615.36 | 626.05 | 626.05 | 615.07 | 0.934 times |
| 07 Thu Mar 2024 | 623.60 | 625.97 | 632.14 | 623.60 | 0.85 times |
| 06 Wed Mar 2024 | 625.66 | 635.49 | 635.49 | 625.65 | 0.963 times |
| 05 Tue Mar 2024 | 632.79 | 638.50 | 644.00 | 631.22 | 1.066 times |
| 04 Mon Mar 2024 | 643.00 | 644.00 | 650.00 | 640.71 | 0.725 times |
Stock of Newmarket Corporation (NEU) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 611.8 or till 597.2. Use a stoploss of 624.08 and if the stock hits stoploss, then it can shoot up till 636.31
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 |
| Downside Target | 619.39 |
| Upside Target | 629.54 |
| 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 | 607.31 |
| Downside Intraday Target | 591.89 |
| Upside Intraday Target | 633.85 |
| Upside Intraday Target | 644.97 |
| Downside Intraday Target | 618.43 |
Weekly technical analysis of Newmarket Corporation (NEU)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 622.74 | 614.08 | 629.54 | 603.00 | 1.652 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newmarket Corporation (NEU)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 622.74 | 640.92 | 650.00 | 603.00 | 0.618 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Newmarket Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 621.6 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Newmarket Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 621.6 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.