A pen notebook and a calculator
Markets

MarketAxess Sees RS Rating Rise To 73

A pen notebook and a calculator
Shutterstock photo

The Relative Strength ( RS ) Rating for MarketAxess ( MKTX ) entered a higher percentile Friday, as it got a lift from 68 to 73.

[ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the top-performing stocks typically have an RS Rating north of 80 as they begin their largest runs. See if MarketAxess can continue to rebound and hit that benchmark.

Looking For The Best Stocks To Buy And Watch? Start Here

MarketAxess is working on a consolidation with a 211.16 buy point . See if it can clear the breakout price in volume at least 40% above average.

Earnings growth dropped last quarter from 14% to 10%, but sales rose from 1% to 7%. The company is expected to report its latest performance numbers on or around Jan. 25.

The company holds the No. 7 rank among its peers in the Finance-Investment Banking/Brokers industry group. E*Trade Financial ( ETFC ), Houlihan Lokey ( HLI ) and Charles Schwab ( SCHW ) are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SCHW ETFC RS MKTX HLI

Other Topics

Stocks

Latest Markets Videos