NewMarket (NEU) Technical Analysis

NewMarket Corp (NEU) is a company that specializes in the development, manufacture, and sale of chemical additives. As an investor, it is crucial to analyze the technical indicators of NEU stock in order to make informed decisions. One such indicator is the Relative Strength Index (RSI), which measures the strength and momentum of NEU stock. By looking at the RSI, investors can determine if the stock is overbought or oversold. Another important indicator is the Average Directional Index (ADX), which helps identify the strength of the trend in NEU stock. A higher ADX value indicates a stronger trend.

The Moving Average Convergence Divergence (MACD) is another useful indicator for analyzing NEU stock. It shows the relationship between two moving averages and can help identify potential buy or sell signals. The Rate of Change (ROC) indicator measures the percentage change in NEU stock price over a specific period of time. A positive ROC value indicates upward momentum, while a negative value suggests downward momentum. The Stochastic Relative Strength Index (STOCHRSI) is a combination of the RSI and Stochastic Oscillator. It helps identify potential buy or sell signals based on overbought or oversold conditions. The Williams %R (WILLR) indicator also measures overbought or oversold conditions. A value above -20 suggests overbought, while a value below -80 indicates oversold.