The Greedy Trader Weekly Analysis
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Uptrend Support

Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

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- 4/24/2026 -
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MarketAxess (MKTX) Technical Analysis

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Summary:
Weekly :Broken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversoldTrend support at 159.37
Daily :Daily  MACD line has moved below its signal lineWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the MarketAxess (MKTX). During the week, the MKTX dropped -5.81 points, or -3.44%, and closed at 163.19 on Friday, April 24, 2026. Weekly volume was -36% 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 downtrend support line (170.16) 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 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 Ascending Wedge chart pattern. The price is near the trend support (159.37) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See MKTX weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

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 downtrend had started on April 7, 2026 at 180.59 and reached 159.03 on April 24, 2026. MKTX lost 21.56 points, or 11.94%, in 17 days. The chart has formed a Falling Channel chart pattern.

Daily Technical Indicators: [See MKTX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.29
Williams' Percentage Range (W%R) 80.10
Oversold
Lane's Stochastic (%D-Slow) 16.06
Oversold
Greed/Fear Indicator (GFI) 21.43
Moving Average Converg./Diverg. (MACD) -2.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.67
Williams' Percentage Range (W%R) 85.80
Oversold
Lane's Stochastic (%D-Slow) 25.86
Greed/Fear Indicator (GFI) 29.35
Moving Average Converg./Diverg. (MACD) -3.76
Trading Signals
Description Value Chart
Upper Bollinger Band 178.63
50 Day Moving Average 175.63
Parabolic System 171.31
Yearly Trendline Support 170.16
Yearly Trendline Resistance 170.05
20 Day Moving Average 169.08
Weekly Stochastic Crossing 168.33
Price 163.19
Daily Stochastic Crossing 161.53
Lower Bollinger Band 159.74
Monthly Trendline Support 159.37
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Financial Exchanges & Data 52
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Channel
High 180.59
High Date 04/07/2026
Low 159.03
Low Date 04/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 195.97
High Date 03/02/2026
Low 159.03
Low Date 04/24/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 206.69
Support 159.37
Low 156.17
Low Date 11/03/2025
High 195.97
High Date 03/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 232.84
High Date 05/08/2025
Low 156.17
Low Date 11/03/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 170.05
Support 170.16
High 546.16
High Date 04/13/2021
Low 156.17
Low Date 11/03/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.