(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.
10 day averaged volume of Newmarket Corporation is 27550
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Mon Apr 2021||387.40||389.89||390.23||384.82||1.198 times|
|16 Fri Apr 2021||387.69||386.45||391.69||385.08||0.966 times|
|15 Thu Apr 2021||384.31||388.17||388.90||382.79||0.777 times|
|14 Wed Apr 2021||384.81||384.16||386.74||382.76||0.744 times|
|13 Tue Apr 2021||382.49||384.28||384.76||381.38||0.915 times|
|12 Mon Apr 2021||385.79||387.39||388.85||384.79||0.719 times|
|09 Fri Apr 2021||386.24||385.33||386.85||382.60||0.755 times|
|08 Thu Apr 2021||383.13||383.13||385.43||381.87||1.245 times|
|07 Wed Apr 2021||384.23||386.86||386.86||382.67||1.027 times|
|06 Tue Apr 2021||388.55||390.27||391.71||385.78||1.677 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 387.9 as stoploss in an intra day sell trade for a target of 385.2. However, stock will show a bullish move above 387.9.
Share price targets for Newmarket Corporation (NEU)
Intraday share price targets for Newmarket Corporation (NEU)
|Downside Intraday Target||384.74|
|Downside Intraday Target||382.07|
|Upside Intraday Target||390.15|
|Upside Intraday Target||392.89|
|Upside Intraday Target||387.48|
Weekly technical analysis of Newmarket Corporation (NEU)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Mon Apr 2021||387.40||389.89||390.23||384.82||0.291 times|
|16 Fri Apr 2021||387.69||387.39||391.69||381.38||0.701 times|
|09 Fri Apr 2021||386.24||383.74||394.65||381.87||1.294 times|
|01 Thu Apr 2021||383.01||386.20||393.71||378.55||0.826 times|
|26 Fri Mar 2021||387.89||385.67||397.25||378.26||1.009 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|
|19 Mon Apr 2021||387.40||382.86||394.65||378.55||0.481 times|
|31 Wed Mar 2021||380.16||382.51||405.86||378.26||1.353 times|
|26 Fri Feb 2021||378.98||394.58||418.90||377.70||0.985 times|
|29 Fri Jan 2021||392.19||402.12||432.55||390.73||0.739 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||26, 16, 25||Buy|
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 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 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 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 BUY. Signal strength is Strong and stock is losing 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 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 in or above 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 BUY signal in short term and the buying is gaining 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 385.68 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.