|
|
Downtrend ExhaustionArchive
- 4/25/2025 -
Sign In to see current Signals. |
MarketAxess (MKTX) Technical Analysis
|
 |
| 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 -6.16 points, or -2.74%, and closed at 219.00 on Friday, April 25, 2025. It was the worst weekly loss since February 14, 2025. MKTX was trading at average weekly trading volume.
 Long-term trend: [See MKTX long-term trend chart]
A long-term downtrend had started on April 13, 2021 at 546.16 and reached 186.80 on February 21, 2025. MKTX lost 359.36 points, or 65.80%, in 201 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 183.23 and resistance is at 265.46. 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 February 21, 2025 at 186.80 and reached 229.80 on April 4, 2025. MKTX gained -43.00 points, or -23.02%, in 6 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See MKTX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since April 11, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 16, 2025 at 226.69 and reached 215.51 on April 23, 2025. MKTX lost 11.18 points, or 4.93%, in 7 days. The price is now at the 31.22% retracement level.
Daily Technical Indicators: [See MKTX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 link to access Lane's Stochastic help.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|