USA - NASDAQ:CME - US12572Q1058 - Common Stock
Overall CME gets a technical rating of 3 out of 10. CME has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CME does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 267.62, a Stop Loss order could be placed below this zone.
249.85
2 important support areas can be observed.
2 important resistance areas can be observed.
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 | 65.12 | NEUTRAL | CME is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CME is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CME is above 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) | 51.85 | NEUTRAL | The RSI value for CME is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CME has a positive trend. |
Stochastics (14,3) | 46.61 | NEUTRAL | The Stochastics value for CME is a neutral value. |
Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for CME suggests a weak or negative trend. |
267.935
+5.43 (+2.07%)