RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MKTX
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MarketAxess Holdings stock price down 1.45% on Wednesday
(Updated on Jul 24, 2024)

Buy or Hold candidate since Jul 08, 2024 Gain 6.67% PDF

The MarketAxess Holdings stock price fell by -1.45% on the last day (Wednesday, 24th Jul 2024) from $221.25 to $218.04. During the last trading day the stock fluctuated 2.97% from a day low at $216.51 to a day high of $222.94. The price has been going up and down for this period, and there has been a 5.36% gain for the last 2 weeks. Volume has increased on the last day by 121 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 374 thousand shares were bought and sold for approximately $81.55 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.86% during the next 3 months and, with a 90% probability hold a price between $200.60 and $231.55 at the end of this 3-month period.

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MKTX Signals & Forecast

The MarketAxess Holdings stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $221.22. On a fall, the stock will find some support from the long-term average at approximately $204.93. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -2.93%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for MarketAxess Holdings stock

On the downside, the stock finds support just below today's level from accumulated volume at $205.97 and $198.93. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MarketAxess Holdings finds support just below today's level at $205.97. If this is broken, then the next support from accumulated volume will be at $198.93 and $194.41.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $6.43 between high and low, or 2.97%. For the last week, the stock has had daily average volatility of 2.38%.

Our recommended stop-loss: $211.90 (-2.81%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (MKTX) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect MarketAxess Holdings to open at $219.16, and during the day (based on 14 day Average True Range), to move between $212.61 and $223.47, which gives a possible trading interval of +/-$5.43 (+/-2.49%) up or down from last closing price. If MarketAxess Holdings takes out the full calculated possible swing range there will be an estimated 4.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $219.16 (0.51%) than the support at $205.97 (5.54%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is MarketAxess Holdings stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MarketAxess Holdings stock to perform well in the short-term.

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Current score: 1.158 Buy Candidate Unchanged

Predicted Opening Price for MarketAxess Holdings of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$219.16 ( 0.516%) $218.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MKTX

Fibonacci Support & Resistance Levels

Level Price
R3 225.60 3.47%
R2 223.14 2.34%
R1 221.62 1.64%
Price 218.04
S1 216.71 -0.611%
S2 215.19 -1.31%
S3 212.73 -2.43%

Accumulated Volume Support & Resistance Levels

Level Price
R3 224.61 3.01%
R2 219.64 0.734%
R1 219.16 0.514%
Price 218.04
S1 205.97 -5.54%
S2 198.93 -8.76%
S3 194.41 -10.84%

MKTX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 17, 2024 May 21, 2024 Jun 05, 2024 $0.740 0.377%
2 Jan 18, 2024 Feb 13, 2024 Feb 28, 2024 $0.740 0.348%
3 Oct 11, 2023 Nov 07, 2023 Nov 22, 2023 $0.720 0.307%
4 Jul 12, 2023 Aug 01, 2023 Aug 16, 2023 $0.720 0.293%
5 Apr 12, 2023 May 09, 2023 Aug 16, 2023 $0.720 0.293%

FAQ

What is the symbol for MarketAxess Holdings Stock and on which exchange is it traded?
The symbol for MarketAxess Holdings is MKTX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell MarketAxess Holdings Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MarketAxess Holdings stock to perform well in the short-term.

How to buy MarketAxess Holdings Stock?
MarketAxess Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MarketAxess Holdings Stock.

What's the current price of MarketAxess Holdings Stock?
As of the end of day on the Jul 24, 2024, the price of an MarketAxess Holdings (MKTX) share was $218.04.

What is the 52-week high and low for MarketAxess Holdings Stock?
The 52-week high for MarketAxess Holdings Stock is $297.35 and the 52-week low is $192.42.

What is the market capitalization of MarketAxess Holdings Stock?
As of the Jul 24, 2024, the market capitalization of MarketAxess Holdings is 8.263B.

When is the next earnings date for MarketAxess Holdings?
The upcoming earnings date for MarketAxess Holdings is Aug 06, 2024.
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About MarketAxess Holdings

MarketAxess Holdings MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades betw... MKTX Profile

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