We Analyzed NewMarket Corporation (NYSE:NEU) – Here’s What We Found (2019-12-25)

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REPORTING FOR 2019-12-25 | WCX19.ORG: We have done an in-depth analysis of how NEU has been trading over the last 2 weeks and the past day especially. On its latest session, NewMarket Corporation (NYSE:NEU) opened at 484.25, reaching a high of 486.81 and a low of 482.13 before closing at a price of 482.13. There was a total volume of 12806.

VOLUME INDICATORS FOR NEWMARKET CORPORATION (NYSE:NEU): We saw an accumulation-distribution index of 3928.21034, an on-balance volume of -484.48, chaikin money flow of 2.65625 and a force index of -12.7677. There was an ease of movement rating of 0.00059, a volume-price trend of 12.14851 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR NEWMARKET CORPORATION (NYSE:NEU): We noted an average true range of 4.78708, bolinger bands of 482.24885, an upper bollinger band of 481.88115, lower bollinger band of 482.13, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 484.39667, high band keltner channel of 481.83667, low band keltner channel of 486.95667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 482.13, a donchian channel low band of 482.13, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR NEWMARKET CORPORATION (NYSE:NEU): We calculated a Moving Average Convergence Divergence (MACD) of -0.00292, a MACD signal of -0.00162, a MACD difference of -0.0013, a fast Exponential Moving Average (EMA) indicator of 482.13, a slow Exponential Moving Average (EMA) indicator of 482.13, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.37562, a trix of 1.51147, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -12.12292, a KST Oscillator (KST) of 25.79306 and a KST Oscillator (KST Signal) of 25.79306 (leaving a KST difference of -0.06915). We also found an Ichimoku rating of 485.53, an Ichimoku B rating of 485.53, a Ichimoku visual trend A of 479.22446, an Ichimoku visual trend B of 483.38065, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR NEWMARKET CORPORATION (NYSE:NEU): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 85.11541, a stochastic oscillator of 182.8125, a stochastic oscillator signal of 182.8125, a Williams %R rating of 82.8125 and an awesome oscillator of 0.17375.

RETURNS FOR NEWMARKET CORPORATION (NYSE:NEU): There was a daily return of 2.57931, a daily log return of -0.02697 and a cumulative return of -0.02696.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-25 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for NewMarket Corporation (NYSE:NEU)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling NewMarket Corporation (NYSE:NEU) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.