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Archive - 6/5/2026 - Sign In to see current Signals. |
MarketAxess (MKTX) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :       Move cursor over the icon to see details.
| | It was the negative week for the MarketAxess (MKTX). During the week, the MKTX dropped -13.11 points, or -10.08%, and closed at 116.93 on Friday, June 5, 2026. Weekly volume was 39% 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 115.55 on June 5, 2026. MKTX lost 430.61 points, or 78.84%, in 268 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (168.65) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 115.55 on June 5, 2026. MKTX lost 80.42 points, or 41.04%, in 13 weeks. Price is near the trend low.
Weekly Technical Indicators: [See MKTX weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Relative Strength Index, 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 and getting bigger. It indicates that the current medium-term downtrend is strong. 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 115.55 on June 5, 2026. MKTX lost 65.04 points, or 36.02%, in 59 days. The chart has formed a Falling Channel chart pattern. The downtrend support line (119.17) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 short-term trend.
Daily Technical Indicators: [See MKTX daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is below its signal line since April 17, 2026. This is an indication that the short-term trend is down. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (28.26%) is close to one year high (25.37%). It is 122.51% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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