MARKETAXESS HOLDINGS INC (MKTX) Stock Technical Analysis
USA - NASDAQ:MKTX - US57060D1081 - Common Stock
179.71 USD
-3.82 (-2.08%)
179.69 USD
-0.02 (-0.01%)
We assign a technical rating of 0 out of 10 to MKTX. 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 one of the lesser performing stocks in the Capital Markets industry. 84% of 237 stocks in the same industry do better.
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 178.20 - 192.96 range, which is quite wide. It is currently trading near the lows of this range.
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
177.90
295.78
We found 1 important support area.
- A support zone ranging from 179.70 to 179.70. 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 184.86 to 190.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 195.42 to 195.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 8.19 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 91.81% 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) | 38.14 | NEUTRAL | The RSI value for MKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests MKTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.93 | NEUTRAL | The Stochastics value for MKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.17 | 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)
179.71
-3.82 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.08%
1 Week-4.64%
2 Weeks-0.23%
1 Month-4.98%
3 Month-18.23%
6 Month-17.13%
12 Month-30.15%
2 Year-15.88%
3 Year-19.23%
5 Year-62.68%
10 Year93.49%
15 Year958.36%
Volatility
ATR(14)4.52
ATR(20)%2.44%
ATR Inc-29.48%
Range Today3.96
ADR(20)4.12
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.19
Mansfield-2.82
10 Day High190.47
10 Day Low179.6
20 Day High192.96
20 Day Low178.2
52 Week High296.68
52 Week Low178.2
CS1 End179.7
CR1 Start184.86
Volume & EV
DER(3)-0.23%
DER(5)-0.39%
Volume674.90K
Volume Incr-4.82%
Vol(5)636.82K
Vol(50)587.15K