MARKETAXESS HOLDINGS INC (MKTX) Stock Technical Analysis
NASDAQ:MKTX - Nasdaq - US57060D1081 - Common Stock - Currency: USD
Overall MKTX gets a technical rating of 0 out of 10. MKTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than MKTX.
MKTX is one of the lesser performing stocks in the Capital Markets industry. 77% of 237 stocks in the same industry do better.
MKTX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MKTX is lagging the market.
In the last month MKTX has a been trading in the 205.32 - 222.41 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of MKTX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
187.90
295.78
We found 1 important support area.
- A support zone ranging from 189.80 to 194.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 209.39 to 217.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @225.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 231.09 to 231.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @292.85 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MKTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKTX is down. |
| ChartMill Relative Strength | 19.82 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 80.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.17 | NEUTRAL | The RSI value for MKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests MKTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests MKTX may be oversold. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for MKTX suggests low volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for MKTX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
207.75
+2.25 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.09%
1 Week-1.75%
2 Weeks-0.52%
1 Month-4.14%
3 Month-7.94%
6 Month-5.84%
12 Month-11.46%
2 Year-13.77%
3 Year-16.43%
5 Year-57.25%
10 Year129.76%
15 Year1258.73%
Volatility
ATR(14)3.88
ATR(20)%1.95%
ATR Inc21.83%
Range Today4.2
ADR(20)3.93
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.82
Mansfield-1.62
10 Day High214.98
10 Day Low205.32
20 Day High222.41
20 Day Low205.32
52 Week High296.68
52 Week Low186.84
CS1 End194.41
CR1 Start209.39
Volume & EV
DER(3)1.25%
DER(5)1.81%
Volume416.20K
Volume Incr15.23%
Vol(5)405.96K
Vol(50)422.64K