TRADEWEB MARKETS INC-CLASS A (TW) Stock Technical Analysis
NASDAQ:TW - Nasdaq - US8926721064 - Common Stock - Currency: USD
Overall TW gets a technical rating of 3 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
In the last month TW has a been trading in the 133.19 - 147.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TW has an average volume of 1200710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 63% of 236 stocks in the same industry.
Volume is considerably higher in the last couple of days.
The technical rating of TW 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.
More info and screens
122.18
150.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 135.63 to 138.31. This zone is formed by a combination of multiple trend lines and important moving averages 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.
We found 1 important resistance area.
- A resistance zone ranging from 147.47 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 | UP | POSITIVE | The long term trend for TW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TW is neutral. |
| ChartMill Relative Strength | 69.11 | NEUTRAL | TW is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.86 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests TW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.7 | NEUTRAL | The Stochastics value for TW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for TW suggests some volalility. |
| Average Directional Index/ADX (14) | 15 | 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)
138.55
-7.57 (-5.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-5.18%
1 Week0.07%
2 Weeks0.4%
1 Month-0.04%
3 Month-2.33%
6 Month9.18%
12 Month26.1%
2 Year69.4%
3 Year96.47%
5 Year156.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%2.52%
ATR Inc237.36%
Range Today6.04
ADR(20)3.32
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.11
Mansfield-0.37
10 Day High147.49
10 Day Low134.35
20 Day High147.49
20 Day Low133.19
52 Week High152.65
52 Week Low104.99
CS1 End138.31
CR1 Start147.47
Volume & EV
DER(3)3.03%
DER(5)-2.31%
Volume2.16M
Volume Incr33.3%
Vol(5)1.75M
Vol(50)1.20M