What does the chart say on Friday?
MarketAxess Holdings Inc. (MKTX) stock has risen 3.84% over the past week and has a neutral rating of Investors Observer Sentiment indicator.
What is stock market sentiment?
Sentiment is a very short term indicator that is entirely technical. There is no information on the health of the underlying company’s profitability in our sentiment score.
As a technical indicator, news about the stock or company, such as a earnings release or other event, could move the stock against the recent trend.
Price action is usually the best indicator of sentiment. For a stock to go up, investors need to feel good about it. Likewise, a stock that is in a downtrend must be out of favor.
Investors ObserverThe s sentiment indicator takes into account the price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could occur soon.
The options market is another place to get sentiment signals. Since options allow investors to place bets on the price of a stock, we consider the ratio of call and put options for stocks for which options are available.
What’s going on with the MKTX stock today?
MarketAxess Holdings Inc. (MKTX) stock is trading at $ 466.82 at 2:21 p.m. on Friday, June 25, up $ 5.76, or 1.25% from the previous closing price of $ 461.06 . The stock has traded between $ 460.49 and $ 468.95 so far today. The volume today is less active than usual. So far 126,182 shares have been traded for an average volume of 291,525 shares.
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Learn more about MarketAxess Holdings Inc.
MarketAxess Holdings Inc is a United States-based company that operates an electronic trading platform. The platform allows players in the fixed income market to trade corporate bonds and other types of fixed income instruments using patented trading technology. It also provides data, analytics, compliance tools and related post-trade services. Primary trading products are investment grade US corporate bonds, emerging market bonds, US cross and high yield bonds, Eurobonds, US agency bonds, municipal bonds and others. The company’s business operations are carried out in the United States, United Kingdom and other countries, with the majority of revenue coming from the United States.
Click here for the full MarketAxess Holdings Inc. (MKTX) stock score report.