MARKETAXESS HOLDINGS INC (MKTX) Stock Technical Analysis
USA - NASDAQ:MKTX - US57060D1081 - Common Stock
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 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
157.57
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 165.58 to 168.73. 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 176.06 to 180.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @225.16 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 | 8.46 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 91.54% 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) | 27.34 | OVERSOLD | The low RSI value suggests MKTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests MKTX has a negative trend. |
| Stochastics (14,3) | 11.59 | OVERSOLD | The low Stochastics value suggests MKTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.12 | POSITIVE | The high ADX value value for MKTX suggests a strong trend. |
159.16
-0.9 (-0.56%)
MARKETAXESS HOLDINGS INC / MKTX FAQ
Can you provide the ChartMill technical rating for MARKETAXESS HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to MKTX.
Can you provide the trend direction for MARKETAXESS HOLDINGS INC?
The current trend direction for MARKETAXESS HOLDINGS INC (MKTX) is Bearish.
What is the RSI signal for MARKETAXESS HOLDINGS INC (MKTX) stock?
MARKETAXESS HOLDINGS INC (MKTX) has an RSI value of 27.3419. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MARKETAXESS HOLDINGS INC?
The MACD indicator for MARKETAXESS HOLDINGS INC (MKTX) has a value of -0.851686, indicating a bearish trend.
Can you provide the short term momentum for MARKETAXESS HOLDINGS INC?
The short term momentum for MARKETAXESS HOLDINGS INC (MKTX) is negative.