We assign a technical rating of 1 out of 10 to MKTX. MKTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
157.25
We found 3 important support areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for MKTX is neutral. |
| ChartMill Relative Strength | 17.73 | NEGATIVE | MKTX has a low relative strength, it was outperformed by 82.27% 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) | DOWN | MIXED | The current price of MKTX is above 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) | 60.15 | 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. |
| Stochastics (14,3) | 59.59 | NEUTRAL | The Stochastics value for MKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for MKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.4 | NEGATIVE | The low ADX value for MKTX suggests a weak or negative trend. |
173.16
+8.1 (+4.91%)
ChartMill assigns a technical rating of 1 / 10 to MKTX.
The current trend direction for MARKETAXESS HOLDINGS INC (MKTX) is Bearish.
MARKETAXESS HOLDINGS INC (MKTX) has an RSI value of 60.1509. This indicates that the stock is currently neutral.
The MACD indicator for MARKETAXESS HOLDINGS INC (MKTX) has a value of 0.882885, indicating a bearish trend.
The short term momentum for MARKETAXESS HOLDINGS INC (MKTX) is neutral.