CME GROUP INC (CME) Stock Technical Analysis
NASDAQ:CME - Nasdaq - US12572Q1058 - Common Stock - Currency: USD
Overall CME gets a technical rating of 8 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CME did better than 80% of all other stocks. We also observe that the gains produced by CME over the past year are nicely spread over this period.
CME is part of the Capital Markets industry. There are 233 other stocks in this industry. CME outperforms 73% of them.
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 263.20 - 290.79 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.
CME has an average volume of 2414910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, CME also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 274.58, a Stop Loss order could be placed below this zone.
More info and screens
244.00
293.63
2 important support areas can be observed.
- A support zone ranging from 260.33 to 275.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @246.46 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 284.82 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 | UP | POSITIVE | The long term trend for CME is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CME is neutral. |
| ChartMill Relative Strength | 80.36 | POSITIVE | CME has a high relative strength, it outperformed 80.36% off all stocks 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 | POSITIVE | The current price of CME is above 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) | 53.15 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CME has a positive trend. |
| Stochastics (14,3) | 88.49 | OVERBOUGHT | The high Stochastics value suggests CME may be overbought. |
| 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) | 18.82 | NEGATIVE | The low ADX value for CME 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 |
|---|---|---|---|
| 275.92 | 263.20 | 12.73 (4.61%) | 21.68% |
| An entry @275.92. This is a Buy Stop order right above the 10 day high. | An exit @263.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.73 points, which is 4.61%. | When investing 21.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
275.62
+0.86 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.31%
1 Week1.09%
2 Weeks2.27%
1 Month-4.63%
3 Month8.32%
6 Month18.55%
12 Month40.34%
2 Year48.75%
3 Year34.65%
5 Year69.57%
10 Year196.18%
15 Year389.47%
Volatility
ATR(14)4.68
ATR(20)%1.91%
ATR Inc-30.02%
Range Today3.88
ADR(20)5.08
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.36
Mansfield0.68
10 Day High275.91
10 Day Low263.21
20 Day High290.79
20 Day Low263.21
52 Week High290.79
52 Week Low193.17
CS1 End274.58
CR1 Start289.01
Volume & EV
DER(3)-0.6%
DER(5)-0.14%
Volume2.47M
Volume Incr-17.25%
Vol(5)2.30M
Vol(50)2.41M