We assign a technical rating of 4 out of 10 to MKTX. In the past year, MKTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, MKTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 182.87. Right above this resistance zone may be a good entry point.
More info and screens
157.25
We found 1 important support area.
- A support zone ranging from 158.84 to 160.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 182.87 to 183.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for MKTX is up. |
| ChartMill Relative Strength | 23.13 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 76.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKTX is above the rising 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) | 66.6 | NEUTRAL | The RSI value for MKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests MKTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.58 | OVERBOUGHT | The high Stochastics value suggests MKTX may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for MKTX suggests a strong trend. |
182.86
+0.32 (+0.18%)
MARKETAXESS HOLDINGS INC / MKTX FAQ
Can you provide the ChartMill technical rating for MARKETAXESS HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 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 66.5963. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MARKETAXESS HOLDINGS INC?
The MACD indicator for MARKETAXESS HOLDINGS INC (MKTX) has a value of 0.875709, 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 positive.