NewMarket Corporation (NEU)

NewMarket Corporation is trading at $950.75, down 0.03% on the session. The 50 day average sits at $812.63 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 80.2, which reads as overbought, and MACD is bullish crossover. Volume is average.

The nearest support is around $777.06 with resistance near $961.98, so that band frames the current range. Average daily movement is roughly $26.32, or about 2.8% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 75, momentum of 66 and a risk score of 36.

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. It offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, greases, industrial gear fluids, and industrial specialty applications comprising turbine oils. The company also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, it engages in the marketing of antiknock compounds, as well as contracted manufacturing and related services; and owns and manages a real property in Virginia. The company operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, India, and internationally. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.