Taking everything into account, CME scores 4 out of 10 in our technical rating. CME has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- CME is one of the better performing stocks in the Capital Markets industry, it outperforms 72% of 235 stocks in the same industry.
- CME 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 CME is lagging the market slightly.
- In the last month CME has a been trading in the 262.19 - 278.58 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- CME has an average volume of 1914580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, CME outperforms 64% of them, which is more or less in line with the market.
Although the technical rating is only medium, CME does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 273.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 271.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CME in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
256.23
We found 2 important support areas.
- A support zone ranging from 266.28 to 271.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 258.82 to 261.52. 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 273.68 to 274.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 282.21 to 290.72. 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 | NEUTRAL | NEUTRAL | The long term trend for CME is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CME is neutral. |
| ChartMill Relative Strength | 64.73 | NEUTRAL | CME is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CME is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CME is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CME has a positive trend. |
| Stochastics (14,3) | 60.4 | NEUTRAL | The Stochastics value for CME is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for CME suggests a weak or negative trend. |
272.59
-2.64 (-0.96%)
CME GROUP INC / CME FAQ
What is the ChartMill technical rating of CME GROUP INC (CME) stock?
ChartMill assigns a technical rating of 4 / 10 to CME.
What is the current trend direction of CME GROUP INC (CME) stock?
The current trend direction for CME GROUP INC (CME) is Bearish.
Can you provide the RSI signal for CME GROUP INC?
CME GROUP INC (CME) has an RSI value of 51.5202. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CME GROUP INC?
The MACD indicator for CME GROUP INC (CME) has a value of 0.110622, indicating a bearish trend.