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(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 22230

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 542.65 534.92 546.20 534.92 1.107 times
21 Thu Nov 2024 536.33 538.65 538.83 533.77 1.111 times
20 Wed Nov 2024 538.36 532.78 538.83 532.78 0.607 times
19 Tue Nov 2024 534.70 531.38 537.37 530.20 1.183 times
18 Mon Nov 2024 538.07 553.04 553.04 536.29 0.963 times

My analysis of stock is bullish for shortterm, and stock might move up till 553.6 or till 567.1. Use a stoploss of 542.3 and if this stock hits its stoploss, then it can fall down till 531.04

Share price targets for Newmarket Corporation (NEU)

Target Type Value
Downside Target 504.47
Downside Target 516.26
Upside Target 545.99
Upside Target 552.42
Upside Target 553.04
Upside Target 559.99
Upside Target 563.96
Upside Target 573.97
Upside Target 575.23
Upside Target 596.89

Intraday share price targets for Newmarket Corporation (NEU)

Target Type Value
Downside Intraday Target 530.89
Downside Intraday Target 519.12
Upside Intraday Target 553.73
Upside Intraday Target 564.8
Downside Intraday Target 541.96

Weekly technical analysis of Newmarket Corporation (NEU)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 542.65 553.04 553.04 530.20 0.988 times
15 Fri Nov 2024 549.61 559.73 559.99 542.12 1.218 times
08 Fri Nov 2024 557.31 530.18 563.96 521.25 0.856 times
01 Fri Nov 2024 530.41 543.93 543.93 523.62 0.753 times
25 Fri Oct 2024 538.64 527.44 545.99 516.26 1.502 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
22 Fri Nov 2024 542.65 523.62 563.96 521.25 0.616 times
31 Thu Oct 2024 524.97 552.42 552.42 516.26 0.697 times
30 Mon Sep 2024 551.89 570.24 596.89 533.52 1.711 times
30 Fri Aug 2024 573.77 564.02 573.97 529.94 0.747 times

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 23, 20, 7 Buy
MACD 1, 2Sell
Stochastics 29Sell
CCI -37Buy
RSI 61Buy
OBV -132400Sell
VWAP 544Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newmarket Corporation in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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

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 544.44 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.

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