MARKETAXESS HOLDINGS INC (MKTX) Stock Technical Analysis
NASDAQ:MKTX - Nasdaq - US57060D1081 - Common Stock - Currency: USD
Taking everything into account, MKTX scores 1 out of 10 in our technical rating. In the last year, MKTX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, MKTX is a bad performer in the overall market: 74% of all stocks are doing better.
MKTX is part of the Capital Markets industry. There are 233 other stocks in this industry, of which 74% are performing better than MKTX.
MKTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MKTX has a been trading in the 214.42 - 228.16 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Although the technical rating is bad, MKTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
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 218.60 to 221.17. 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 | NEUTRAL | NEUTRAL | The long term trend for MKTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKTX is down. |
| ChartMill Relative Strength | 26.21 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 73.79% 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) | 43.49 | NEUTRAL | The RSI value for MKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests MKTX has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for MKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MKTX suggests low volalility. |
| Average Directional Index/ADX (14) | 7.99 | 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)
216.05
-2.92 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.33%
1 Week-0.31%
2 Weeks-2.04%
1 Month-3.99%
3 Month-2.6%
6 Month0.27%
12 Month1.5%
2 Year-19.75%
3 Year-20.21%
5 Year-58.19%
10 Year120.91%
15 Year1419.34%
Volatility
ATR(14)4.39
ATR(20)%1.96%
ATR Inc-24.84%
Range Today4.13
ADR(20)4.13
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.21
Mansfield-1.42
10 Day High225.07
10 Day Low214.42
20 Day High228.16
20 Day Low214.42
52 Week High296.68
52 Week Low186.84
CS1 End194.41
CR1 Start218.6
Volume & EV
DER(3)-0.58%
DER(5)-0.74%
Volume284.00K
Volume Incr-12.19%
Vol(5)366.70K
Vol(50)495.16K