We assign a technical rating of 8 out of 10 to CBOE. In the last year, CBOE was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, CBOE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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226.77
2 important support areas can be observed.
- Support @241.90 from a trend line in the daily time frame.
- A support zone ranging from 229.06 to 232.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 247.57 to 252.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 258.36 to 260.89. 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 | NEUTRAL | NEUTRAL | The short term trend for CBOE is neutral. |
| ChartMill Relative Strength | 81.81 | POSITIVE | CBOE has a high relative strength, it outperformed 81.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBOE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBOE is below 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) | 43.11 | NEUTRAL | The RSI value for CBOE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests CBOE has a negative trend. |
| Stochastics (14,3) | 31.57 | NEUTRAL | The Stochastics value for CBOE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for CBOE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for CBOE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 252.77 | 244.73 | 8.04 (3.18%) | 25.00% |
| An entry @252.77. This is a Buy Stop order right above the resistance zone. | An exit @244.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.04 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
247.27
-1.4 (-0.56%)
CBOE GLOBAL MARKETS INC / CBOE FAQ
Can you provide the ChartMill technical rating for CBOE GLOBAL MARKETS INC?
ChartMill assigns a technical rating of 8 / 10 to CBOE.
What is the current trend direction of CBOE GLOBAL MARKETS INC (CBOE) stock?
The current trend direction for CBOE GLOBAL MARKETS INC (CBOE) is Bullish.
Can you provide the RSI signal for CBOE GLOBAL MARKETS INC?
CBOE GLOBAL MARKETS INC (CBOE) has an RSI value of 43.1057. This indicates that the stock is currently neutral.
What is the short term momentum for CBOE stock?
The short term momentum for CBOE GLOBAL MARKETS INC (CBOE) is neutral.
What are the support and resistance levels for CBOE GLOBAL MARKETS INC (CBOE) stock?
CBOE GLOBAL MARKETS INC (CBOE) has a support level at 241.9 and a resistance level at 247.57. Check the full technical report for our detailed analysis of CBOE support and resistance levels.