USA - New York Stock Exchange - NYSE:NEU - US6515871076 - Common Stock
Taking everything into account, NEU scores 5 out of 10 in our technical rating. Although NEU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NEU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 756.70, a Stop Loss order could be placed below this zone.
734.28
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NEU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEU is neutral. |
| ChartMill Relative Strength | 83.23 | POSITIVE | NEU has a high relative strength, it outperformed 83.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for NEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.14 | POSITIVE | The MACD value suggests NEU has a positive trend. |
| Stochastics (14,3) | 47.34 | NEUTRAL | The Stochastics value for NEU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for NEU suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for NEU suggests a weak or negative trend. |
763.53
-1.28 (-0.17%)
ChartMill assigns a technical rating of 5 / 10 to NEU.
The current trend direction for NEWMARKET CORP (NEU) is Bearish.
NEWMARKET CORP (NEU) has an RSI value of 48.1438. This indicates that the stock is currently neutral.
The MACD indicator for NEWMARKET CORP (NEU) has a value of 1.14012, indicating a bullish trend.