CBOE GLOBAL MARKETS INC (CBOE) Stock Technical Analysis
NYSEARCA:CBOE - NYSE Arca - US12503M1080 - Common Stock - Currency: USD
Taking everything into account, CBOE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBOE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CBOE is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, CBOE also shows a nice and consistent pattern of rising prices.
CBOE is part of the Capital Markets industry. There are 237 other stocks in this industry. CBOE outperforms 73% of them.
CBOE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBOE is lagging the market slightly.
In the last month CBOE has a been trading in the 235.73 - 255.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CBOE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 237.75, a Stop Loss order could be placed below this zone.
More info and screens
206.42
255.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 234.12 to 237.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @226.72 from a trend line in the daily time frame.
- A support zone ranging from 212.04 to 219.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 248.84 to 253.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for CBOE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBOE is up. |
| ChartMill Relative Strength | 79.07 | POSITIVE | CBOE has a high relative strength, it outperformed 79.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBOE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBOE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBOE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for CBOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests CBOE has a negative trend. |
| Stochastics (14,3) | 43.95 | NEUTRAL | The Stochastics value for CBOE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CBOE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.86 | POSITIVE | The high ADX value value for CBOE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 253.26 | 243.48 | 9.78 (3.86%) | 25.00% |
| An entry @253.26. This is a Buy Stop order right above the resistance zone. | An exit @243.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.78 points, which is 3.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
247.63
+3.92 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.61%
1 Week-1.96%
2 Weeks-0.06%
1 Month3.78%
3 Month12.08%
6 Month22.39%
12 Month22.02%
2 Year65.41%
3 Year109.91%
5 Year169.78%
10 Year291.45%
15 Year1084.27%
Volatility
ATR(14)5.07
ATR(20)%2.04%
ATR Inc-15.18%
Range Today4.69
ADR(20)5.03
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.07
Mansfield0.47
10 Day High255.27
10 Day Low243.49
20 Day High255.27
20 Day Low235.73
52 Week High255.27
52 Week Low187.3
CS1 End237.75
CR1 Start248.84
Volume & EV
DER(3)1.4%
DER(5)-0.01%
Volume740.40K
Volume Incr-26.93%
Vol(5)756.60K
Vol(50)813.91K