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Archive - 4/10/2026 - 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 a second positive week after 4 consecutive negative weeks for the MarketAxess (MKTX). During the week, the MKTX climbed 0.48 points, or 0.28%, and closed at 171.94 on Friday, April 10, 2026. Weekly volume was -32% below average.
Long-term trend: [See MKTX long-term trend chart] A long-term downtrend had started on April 13, 2021 at 546.16 and reached 156.17 on November 3, 2025. MKTX lost 389.99 points, or 71.41%, in 237 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 170.69 and resistance is at 173.09. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See MKTX medium-term trend chart] A medium-term uptrend had started on November 3, 2025 at 156.17 and reached 195.97 on March 2, 2026. MKTX gained -39.80 points, or -25.49%, in 17 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 159.09 and resistance is at 203.87. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MKTX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 5, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See MKTX short-term trend chart] A short-term uptrend had started on March 27, 2026 at 163.18 and reached 180.59 on April 7, 2026. MKTX gained -17.41 points, or -10.67%, in 11 days. The price is now at the 49.68% retracement level.
Daily Technical Indicators: [See MKTX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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