NEWMARKET CORP (NEU) Stock Technical Analysis
NYSE:NEU - New York Stock Exchange, Inc. - US6515871076 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NEU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
NEU is part of the Chemicals industry. There are 85 other stocks in this industry. NEU outperforms 88% of them.
NEU is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NEU slightly outperforms the market at the moment.
In the last month NEU has a been trading in the 510.07 - 569.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, NEU did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Besides having an excellent technical rating, NEU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 566.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 560.18, a Stop Loss order could be placed below this zone.
More info and screens
478.09
584.17
4 important support areas can be observed.
- A support zone ranging from 543.33 to 560.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 519.38 to 533.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @490.77 from a trend line in the weekly time frame.
- A support zone ranging from 482.92 to 482.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 566.16 to 578.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.23
Mansfield1.23
10 Day High569.99
10 Day Low510.07
20 Day High569.99
20 Day Low510.07
52 Week High596.89
52 Week Low480
Performance
1 Week2.85%
2 Weeks1.14%
1 Month4.77%
3 Month13.81%
6 Month7.43%
12 Month-3.8%
2 Year41.15%
3 Year73.76%
5 Year37.09%
10 Year26.21%
15 Year412.76%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.15
RSI(14)56.85
LBB526.94
UBB582.39
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 578.40 | 543.32 | 35.08 (6.07%) | 16.49% |
| An entry @578.40. This is a Buy Stop order right above the resistance zone. | An exit @543.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 35.08 points, which is 6.07%. | When investing 16.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
564.04
+5.35 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.96%
1 Week2.85%
2 Weeks1.14%
1 Month4.77%
3 Month13.81%
6 Month7.43%
12 Month-3.8%
2 Year41.15%
3 Year73.76%
5 Year37.09%
10 Year26.21%
15 Year412.76%
Volatility
ATR(14)17.22
ATR(20)%2.76%
ATR Inc-49.68%
Range Today8.65
ADR(20)14.8
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.23
Mansfield1.23
10 Day High569.99
10 Day Low510.07
20 Day High569.99
20 Day Low510.07
52 Week High596.89
52 Week Low480
CS1 End560.18
CR1 Start566.16
Volume & EV
DER(3)-0.24%
DER(5)-0.1%
Volume34.20K
Volume Incr-45.97%
Vol(5)36.32K
Vol(50)53.58K