MARKETAXESS HOLDINGS INC (MKTX) Stock Technical Analysis
USA - NASDAQ:MKTX - US57060D1081 - Common Stock
171.26 USD
+0.19 (+0.11%)
171.26 USD
0 (0%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than MKTX.
MKTX is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 80% are performing better than MKTX.
MKTX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MKTX has a been trading in the 161.61 - 182.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MKTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
166.19
295.78
When analyzing the support we notice one important area.
- A support zone ranging from 167.87 to 170.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 171.56 to 174.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 190.04 to 190.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @215.46 from a horizontal line in the daily time frame.
- Resistance @225.89 from a horizontal line in the daily time frame.
- 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 | 8.25 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 91.75% 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) | 40.55 | NEUTRAL | The RSI value for MKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests MKTX has a positive trend. |
| Stochastics (14,3) | 50.02 | NEUTRAL | The Stochastics value for MKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.28 | POSITIVE | The high ADX value value for MKTX suggests a strong 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)
171.26
+0.19 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.11%
1 Week-3.46%
2 Weeks0.45%
1 Month-3.96%
3 Month-17.99%
6 Month-23.94%
12 Month-40.71%
2 Year-19.88%
3 Year-29.82%
5 Year-68.22%
10 Year69.05%
15 Year842.54%
Volatility
ATR(14)4.41
ATR(20)%2.47%
ATR Inc-49.25%
Range Today2.62
ADR(20)4.1
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.25
Mansfield-2.87
10 Day High179.06
10 Day Low161.61
20 Day High182.08
20 Day Low161.61
52 Week High296.68
52 Week Low161.61
CS1 End170.49
CR1 Start171.56
Volume & EV
DER(3)-0.15%
DER(5)-0.96%
Volume470.10K
Volume Incr-54.74%
Vol(5)585.82K
Vol(50)915.55K