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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Green day on Thursday for MarketAxess Holdings
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Loss -2.04% PDF

The MarketAxess Holdings stock price gained 0.689% on the last trading day (Thursday, 28th Mar 2024), rising from $217.75 to $219.25. During the last trading day the stock fluctuated 2.19% from a day low at $217.13 to a day high of $221.88. The price has been going up and down for this period, and there has been a 1.21% gain for the last 2 weeks. Volume fell on the last day by -83 thousand shares and in total, 245 thousand shares were bought and sold for approximately $53.81 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $225.78 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -25.27% during the next 3 months and, with a 90% probability hold a price between $140.29 and $168.72 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MKTX Signals & Forecast

Mostly positive signals in the chart today. The MarketAxess Holdings stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $219.05 and $217.54. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 5.53%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for MarketAxess Holdings stock

MarketAxess Holdings finds support from accumulated volume at $218.96 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.75 (2.19%) between high and low. For the last week, the stock has had daily average volatility of 2.46%.

Our recommended stop-loss: $208.38 (-4.96%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (MKTX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect MarketAxess Holdings to open at $219.42, and during the day (based on 14 day Average True Range), to move between $212.87 and $225.63, which gives a possible trading interval of +/-$6.38 (+/-2.91%) up or down from last closing price. If MarketAxess Holdings takes out the full calculated possible swing range there will be an estimated 5.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $218.96 (0.13%) than the resistance at $221.29 (0.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is MarketAxess Holdings stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.043 Buy Candidate Unchanged

Predicted Opening Price for MarketAxess Holdings of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$219.42 ( 0.0775%) $219.25

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
Resistance R3 224.17 2.24 %
R2 222.36 1.42 %
R1 221.23 0.91 %
Current price: 219.25
Support S1 217.61 -0.750 %
S2 216.48 -1.26 %
S3 214.67 -2.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 225.51 2.86 %
R2 224.71 2.49 %
R1 221.29 0.93 %
Current price 219.25
Support S1 218.96 -0.132%
S2 218.45 -0.365%
S3 211.29 -3.63%

MKTX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 18, 2024 Feb 13, 2024 Feb 28, 2024 $0.740 0.348%
2 Oct 11, 2023 Nov 07, 2023 Nov 22, 2023 $0.720 0.307%
3 Jul 12, 2023 Aug 01, 2023 Aug 16, 2023 $0.720 0.293%
4 Apr 12, 2023 May 09, 2023 Aug 16, 2023 $0.720 0.293%
5 Jan 19, 2023 Feb 07, 2023 Feb 22, 2023 $0.720 0.205%

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 are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for 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 2024-03-28, the price of an MarketAxess Holdings (MKTX) share was $219.25.

What is the 52-week high and low for MarketAxess Holdings Stock?
The 52-week high for MarketAxess Holdings Stock is $399.78 and the 52-week low is $200.37.

What is the market capitalization of MarketAxess Holdings Stock?
As of the 2024-03-28, the market capitalization of MarketAxess Holdings is 8.259B.

When is the next earnings date for MarketAxess Holdings?
The upcoming earnings date for MarketAxess Holdings is Apr 24, 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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