CBOE GLOBAL MARKETS INC (CBOE) Stock Technical Analysis
NYSEARCA:CBOE - NYSE Arca - US12503M1080 - Common Stock - Currency: USD
Taking everything into account, CBOE scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still 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 83% of all stocks.
CBOE is one of the better performing stocks in the Capital Markets industry, it outperforms 81% of 232 stocks in the same industry.
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 212.75 - 232.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
CBOE has only a medium technical rating, but it does show 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 216.03, a Stop Loss order could be placed below this zone.
More info and screens
188.92
236.58
We found 4 important support areas.
- A support zone ranging from 213.65 to 216.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 208.06 to 208.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @202.33 from a horizontal line in the daily time frame.
- A support zone ranging from 190.83 to 190.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 224.16 to 224.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 231.72 to 234.24. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for CBOE is down. |
| ChartMill Relative Strength | 83.18 | POSITIVE | CBOE has a high relative strength, it outperformed 83.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBOE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBOE is above a declining 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) | 48.49 | NEUTRAL | The RSI value for CBOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests CBOE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.98 | NEUTRAL | The Stochastics value for CBOE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for CBOE suggests low volalility. |
| Average Directional Index/ADX (14) | 12.21 | NEGATIVE | The low ADX value for CBOE suggests a weak or negative 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 |
|---|---|---|---|
| 224.86 | 218.13 | 6.73 (2.99%) | 25.00% |
| An entry @224.86. This is a Buy Stop order right above the resistance zone. | An exit @218.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.73 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
222.89
+1.79 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.81%
1 Week-0.38%
2 Weeks-1.37%
1 Month1.14%
3 Month4.18%
6 Month10.9%
12 Month32.99%
2 Year61.5%
3 Year96.92%
5 Year138.95%
10 Year289.53%
15 Year584.76%
Volatility
ATR(14)4.22
ATR(20)%1.99%
ATR Inc-20.36%
Range Today3.85
ADR(20)4.26
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.18
Mansfield0.31
10 Day High231.69
10 Day Low218.14
20 Day High232.63
20 Day Low212.75
52 Week High236.02
52 Week Low166.13
CS1 End216.03
CR1 Start224.16
Volume & EV
DER(3)-1.56%
DER(5)-0.73%
Volume488.50K
Volume Incr-32.01%
Vol(5)643.85K
Vol(50)994.02K