Stock Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
NewMarket Corp (NYSE:NEU)
Countertrend Down (-85) - NEU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 24th, 2020 at 454.570
The intermediate-term trend has been DOWN since Dec 2nd, 2019 at 484.500
The short-term trend has been UP since Feb 19th, 2020 at 429.921
Smart Scan Analysis for NEU
Based on our trend formula, NEU is rated as a -85 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||505.16||52wk High Date||2019-11-15|
|52wk Low||382.88||52wk Low Date||2019-06-20|
|Year End Close||262.2||Average Volume||47,093|
|Shares Outstanding||11,189||Short Interest||1,095,825|
|% Institutional||56.9||Market Cap||5,096M|