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Barchart
Barchart
Jim Van Meerten

Chart of the Day: NewMarkes - Featured Again!

Newmarket Barchart

I try not to feature the same stock too often but NewMarket (NEU) popped up near the top of my screener again.  I last featured the company on 8/1 when the stock was at 451.65 compared to its close today at 510.61 - a nice gain of 58.96 or 13% in about 75 days.

The Chart of the Day belongs to the chemical company NewMarkes (NEU) .  I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart  feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/ 2 the stock gained 5.30%.

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