CME GROUP INC (CME) Technical Analysis
NASDAQ:CME • US12572Q1058
Current stock price
CME Technical Rating and Analysis
Taking everything into account, CME scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CME is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CME did better than 79% of all other stocks.
- CME is part of the Capital Markets industry. There are 242 other stocks in this industry. CME outperforms 87% of them.
- CME is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CME is performing more or less in line with the market.
- In the last month CME has a been trading in the 299.48 - 329.16 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 2332420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CME Weekly and Daily overview Charts
CME Setup Rating and Analysis
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 very little resistance above the current price. There is a support zone below the current price at 313.24, a Stop Loss order could be placed below this zone.
More info and screens
CME Support and Resistance Analysis
256.24
We found 3 important support areas.
- A support zone ranging from 296.70 to 313.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 266.10 to 274.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 258.83 to 261.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @326.47 from a horizontal line in the daily time frame.
CME Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for CME is up. |
| ChartMill Relative Strength | 79.4 | POSITIVE | CME has a high relative strength, it outperformed 79.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CME is below the rising 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) | 55 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests CME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.48 | NEUTRAL | The Stochastics value for CME is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CME suggests some volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for CME suggests a possible start of a new trend. |
CME Chart- and CandleStick Pattern Analysis
CME Example Setup
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 |
|---|---|---|---|
| 326.48 | 300.80 | 25.68 (7.87%) | 12.71% |
| An entry @326.48. This is a Buy Stop order right above the resistance zone. | An exit @300.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 25.68 points, which is 7.87%. | For a 1.00% total portfolio risk, you can invest 12.71% of your capital in this trade. |
- 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.
CME Technicals: Chart, Performance Metrics, Trend & Indicators
313.33
-0.5 (-0.16%)
CME GROUP INC / CME TA FAQ
What is the ChartMill technical rating of CME GROUP INC (CME) stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
Can you provide the RSI signal for CME GROUP INC?
CME GROUP INC (CME) has an RSI value of 55.0046. 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 -1.69362, indicating a bearish trend.
What is the buy/sell signal for CME stock?
The buy/sell signal for CME GROUP INC (CME) is buy as both the short term and long term trends are positive.