MARKETAXESS HOLDINGS INC (MKTX)       254.62  -2.22 (-0.86%)

254.62  -2.22 (-0.86%)

US57060D1081 - Common Stock - After market: 254.62 0 (0%)

Technical Rating

5

We assign a technical rating of 5 out of 10 to MKTX. In the past year, MKTX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.



The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, MKTX turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
In the last month MKTX has a been trading in the 227.38 - 284.49 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 is one of the lesser performing stocks in the Capital Markets industry. 63% of 198 stocks in the same industry do better.
MKTX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 4.11% 1.88% -8.57% -27.06% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 40.51 217.44 - 422.6
MKTX Weekly chart
MKTX Daily chart

Support/Resistance Analysis


227.47

290.77
2 important support areas can be observed.
  • Support @234.68 from a trend line in the daily time frame.
  • Support @229.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
  • A resistance zone ranging from 273.90 to 283.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 287.89 to 287.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

5

Although the technical rating is only medium, MKTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.


MKTX Daily chart

MARKETAXESS HOLDINGS INC254.62

NASDAQ:MKTX (11/28/2022, 7:05:59 PM)-2.22 (-0.86%)

After market: 254.62 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Capital Markets
Performance
Today -0.86% 1 Week -1.99%
2 Weeks -10.12% 1 Month 4.11%
3 Month 1.88% 6 Month -8.57%
Volatility
ATR(14) 9.41 ATR(20)% 3.38%
ATR Inc -74.23% Range Today 2.65
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 40.51 Mansfield -0.96
10 Day High 283.36 10 Day Low 252.05
20 Day High 284.49 20 Day Low 227.38
52 Week High 422.6 52 Week Low 217.44
CS1 End 234.68 CR1 Start 273.9
Volume & EV
DER(3) -0.68% DER(5) 1.03%
Volume 167.10K Volume Incr -61.73%
Vol(5) 160.58K Vol(50) 348.74K

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