Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
NewMarket Corp (NYSE:NEU)
Long-Term Uptrend (+90) - NEU is in a strong uptrend that is likely to continue. While NEU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEU
The long-term trend has been UP since Sep 1st, 2021 at 351.87
The intermediate-term trend has been UP since Oct 1st, 2021 at 350.32
The short-term trend has been UP since Sep 22nd, 2021 at 327.55
Smart Scan Analysis for NEU
Based on our trend formula, NEU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||437.63||Year High Date||2018-03-09|
|Year Low||352.89||Year Low Date||2018-10-25|
|52wk High||432.5493||52wk High Date||2021-01-07|
|52wk Low||297.29||52wk Low Date||2021-07-26|
|Year End Close||262.2||Average Volume||49,165|
|Shares Outstanding||10,928||Short Interest||1,095,825|
|% Institutional||56.9||Market Cap||5,096M|