Taking everything into account, TW scores 2 out of 10 in our technical rating. In the past year, TW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, TW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 107.80. Right above this resistance zone may be a good entry point.
More info and screens
102.43
When analyzing the support we can see 2 important areas.
- A support zone ranging from 106.49 to 107.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 103.46 to 104.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 107.80 to 110.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @140.72 from a trend line in the daily time frame.
- Resistance @149.02 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TW is up. |
| ChartMill Relative Strength | 23.24 | NEGATIVE | TW has a low relative strength, it was outperformed by 76.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.45 | NEUTRAL | The RSI value for TW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.9 | OVERBOUGHT | The high Stochastics value suggests TW may be overbought. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TW suggests low volalility. |
| Average Directional Index/ADX (14) | 10.99 | NEGATIVE | The low ADX value for TW suggests a weak or negative trend. |
107.54
-0.32 (-0.3%)
TRADEWEB MARKETS INC-CLASS A / TW FAQ
Can you provide the ChartMill technical rating for TRADEWEB MARKETS INC-CLASS A?
ChartMill assigns a technical rating of 2 / 10 to TW.
Can you provide the trend direction for TRADEWEB MARKETS INC-CLASS A?
The current trend direction for TRADEWEB MARKETS INC-CLASS A (TW) is Bearish.
What is the RSI signal for TW stock?
TRADEWEB MARKETS INC-CLASS A (TW) has an RSI value of 52.4469. This indicates that the stock is currently neutral.
What is the MACD signal for TW stock?
The MACD indicator for TRADEWEB MARKETS INC-CLASS A (TW) has a value of 0.357889, indicating a bearish trend.
What is the support and resistance level for TW stock?
TRADEWEB MARKETS INC-CLASS A (TW) has a support level at 107.33 and a resistance level at 107.8. Check the full technical report for our detailed analysis of TW support and resistance levels.