We assign a technical rating of 1 out of 10 to TW. TW'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.
TW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 110.95. Right above this resistance zone may be a good entry point.
More info and screens
102.55
2 important support areas can be observed.
- A support zone ranging from 107.73 to 108.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 103.59 to 105.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 110.95 to 112.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @149.02 from a horizontal line in the daily 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 TW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TW is neutral. |
| ChartMill Relative Strength | 18.73 | NEGATIVE | TW has a low relative strength, it was outperformed by 81.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.1 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests TW has a positive trend. |
| Stochastics (14,3) | 44.05 | NEUTRAL | The Stochastics value for TW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TW suggests some volalility. |
| Average Directional Index/ADX (14) | 16.89 | NEGATIVE | The low ADX value for TW suggests a weak or negative trend. |
108.86
+0.94 (+0.87%)
TRADEWEB MARKETS INC-CLASS A / TW FAQ
Can you provide the ChartMill technical rating for TRADEWEB MARKETS INC-CLASS A?
ChartMill assigns a technical rating of 1 / 10 to TW.
What is the current trend direction of TRADEWEB MARKETS INC-CLASS A (TW) stock?
The current trend direction for TRADEWEB MARKETS INC-CLASS A (TW) is Bearish.
What is the RSI signal for TW stock?
TRADEWEB MARKETS INC-CLASS A (TW) has an RSI value of 52.0985. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRADEWEB MARKETS INC-CLASS A?
The MACD indicator for TRADEWEB MARKETS INC-CLASS A (TW) has a value of 0.11604, indicating a bearish trend.