MKTX Rides Bullish EMAs Higher to $183.85
BullishMarketaxess Holdings Inc (MKTX) closed up 0.55% at $183.85 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($181.11) with a bullish stack. The 21-day EMA at $176.71 provides support.
Momentum
RSI at 67.6 is in neutral territory but trending higher. MACD is bullish (4.19 vs signal 3.43).
Volatility
Bollinger Band width at 18.8% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $158.55, Resistance at $191.38.