Taking everything into account, TW scores 0 out of 10 in our technical rating. 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 poor technical rating and the quality of the setup is also only medium 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.
More info and screens
102.43
When analyzing the support we notice one important area.
- A support zone ranging from 103.46 to 103.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @104.31 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 106.47 to 110.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @140.45 from a trend line in the daily time frame.
- 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 | 18.17 | NEGATIVE | TW has a low relative strength, it was outperformed by 81.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TW is below 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) | 41.23 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests TW has a negative trend. |
| Stochastics (14,3) | 17.64 | OVERSOLD | The low Stochastics value suggests TW may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for TW suggests a weak or negative trend. |
103.86
-0.12 (-0.12%)
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.
Can you provide the trend direction for TRADEWEB MARKETS INC-CLASS A?
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 41.2316. This indicates that the stock is currently neutral.
What is the MACD signal for TW stock?
The MACD indicator for TRADEWEB MARKETS INC-CLASS A (TW) has a value of -0.218231, indicating a bearish trend.
What is the support and resistance level for TW stock?
TRADEWEB MARKETS INC-CLASS A (TW) has a support level at 103.85 and a resistance level at 104.31. Check the full technical report for our detailed analysis of TW support and resistance levels.