TRADEWEB MARKETS INC-CLASS A (TW) Stock Technical Analysis
USA - NASDAQ:TW - US8926721064 - Common Stock
Taking everything into account, TW scores 0 out of 10 in our technical rating. TW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TW 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 110.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 108.71, a Stop Loss order could be placed below this zone.
More info and screens
105.85
We found 1 important support area.
- A support zone ranging from 106.92 to 108.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 110.96 to 110.96. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for TW is down. |
| ChartMill Relative Strength | 13.22 | NEGATIVE | TW has a low relative strength, it was outperformed by 86.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TW is below 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) | 50.03 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests TW has a positive trend. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests TW may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TW suggests some volalility. |
| Average Directional Index/ADX (14) | 35.45 | POSITIVE | The high ADX value value for TW suggests a strong trend. |
110.95
+0.18 (+0.16%)
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 0 / 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 50.0312. 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 1.03837, indicating a bullish trend.
Can you provide the buy/sell signal for TRADEWEB MARKETS INC-CLASS A?
The buy/sell signal for TRADEWEB MARKETS INC-CLASS A (TW) is sell as both the short term and long term trends are negative.