TRADEWEB MARKETS INC-CLASS A (TW) Stock Technical Analysis
NASDAQ:TW - Nasdaq - US8926721064 - Common Stock - Currency: USD
Overall TW gets a technical rating of 4 out of 10. TW has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
TW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TW is lagging the market slightly.
TW has an average volume of 1123180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, TW outperforms 69% of them, which is more or less in line with the market.
TW is an average performer in the Capital Markets industry, it outperforms 65% of 233 stocks in the same industry.
In the last month TW has a been trading in the 133.40 - 146.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, TW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 135.26, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
122.18
150.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 135.07 to 135.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @126.90 from a horizontal line in the daily time frame.
- A support zone ranging from 123.41 to 124.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 139.63 to 141.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 146.77 to 149.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TW is down. |
| ChartMill Relative Strength | 69.3 | NEUTRAL | TW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.41 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TW has a negative trend. |
| Stochastics (14,3) | 36.28 | NEUTRAL | The Stochastics value for TW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for TW suggests some volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for TW 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)
138.98
+0.37 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.27%
1 Week-2.56%
2 Weeks0.19%
1 Month0.52%
3 Month6.42%
6 Month3.38%
12 Month30.51%
2 Year69.92%
3 Year97.08%
5 Year157.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.68
ATR(20)%2.57%
ATR Inc27.73%
Range Today3.09
ADR(20)3.56
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.3
Mansfield-0.16
10 Day High146.51
10 Day Low133.4
20 Day High146.51
20 Day Low133.4
52 Week High152.65
52 Week Low103.43
CS1 End135.26
CR1 Start139.63
Volume & EV
DER(3)-2.04%
DER(5)-0.78%
Volume969.50K
Volume Incr61.99%
Vol(5)1.80M
Vol(50)1.12M