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Archive
- 6/18/2026 -
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MarketAxess (MKTX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the MarketAxess (MKTX). During the week, the MKTX gave back -0.56 points, or -0.46%, and closed at 120.33 on Thursday, June 18, 2026. Weekly volume was 61% above average.
MKTX is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MKTX long-term trend chart]
A long-term downtrend had started on April 13, 2021 at 546.16 and reached 113.29 on June 8, 2026. MKTX lost 432.87 points, or 79.26%, in 268 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (168.18) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See MKTX medium-term trend chart]
A medium-term downtrend had started on March 2, 2026 at 195.97 and reached 113.29 on June 8, 2026. MKTX lost 82.68 points, or 42.19%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 105.14 and resistance is at 149.23. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MKTX weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since April 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See MKTX short-term trend chart]
A short-term downtrend had started on April 7, 2026 at 180.59 and reached 113.29 on June 8, 2026. MKTX lost 67.30 points, or 37.27%, in 62 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 102.04 and resistance is at 122.67. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See MKTX daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since June 11, 2026.
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