CME GROUP INC (CME) Stock Technical Analysis
NASDAQ:CME - Nasdaq - US12572Q1058 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CME. In the last year, CME was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CME has a been trading in the 271.81 - 288.28 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CME is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by CME over the past year are nicely spread over this period.
CME is one of the better performing stocks in the Capital Markets industry, it outperforms 72% of 237 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.
CME has an average volume of 2330230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CME 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. There is a support zone below the current price at 273.91, a Stop Loss order could be placed below this zone.
More info and screens
257.73
293.63
When analyzing the support we can see 3 important areas.
- A support zone ranging from 271.85 to 273.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 266.28 to 266.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @260.33 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 275.60 to 280.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for CME is down. |
| ChartMill Relative Strength | 77.37 | POSITIVE | CME has a high relative strength, it outperformed 77.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CME is below a declining 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) | 43.89 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests CME has a negative trend. |
| Stochastics (14,3) | 14.39 | OVERSOLD | The low Stochastics value suggests CME may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
| Average Directional Index/ADX (14) | 12.02 | 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)
273.92
-0.78 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.28%
1 Week-2.94%
2 Weeks-2.44%
1 Month-0.28%
3 Month-0.86%
6 Month11.59%
12 Month31.77%
2 Year35.15%
3 Year40.03%
5 Year55.75%
10 Year190.05%
15 Year451.9%
Volatility
ATR(14)5.11
ATR(20)%1.87%
ATR Inc-39.85%
Range Today3.14
ADR(20)5.05
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
CRS77.37
Mansfield0
10 Day High288.28
10 Day Low271.81
20 Day High288.28
20 Day Low271.81
52 Week High290.79
52 Week Low206.44
CS1 End273.91
CR1 Start275.6
Volume & EV
DER(3)-0.14%
DER(5)1.1%
Volume2.06M
Volume Incr4.71%
Vol(5)2.14M
Vol(50)2.33M