CME GROUP INC (CME) Stock Technical Analysis
NASDAQ:CME - Nasdaq - US12572Q1058 - Common Stock - Currency: USD
Overall CME gets a technical rating of 7 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 77% 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 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 - 282.57 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 2392290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CME is part of the Capital Markets industry. There are 234 other stocks in this industry, CME did better than 69% of them.
Besides having an excellent technical rating, CME also presents 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 273.03, a Stop Loss order could be placed below this zone.
More info and screens
257.73
293.63
2 important support areas can be observed.
- A support zone ranging from 266.09 to 273.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @260.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 275.42 to 276.62. 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 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 | 77.78 | POSITIVE | CME has a high relative strength, it outperformed 77.78% 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) | 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) | 48.55 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CME has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.59 | NEUTRAL | The Stochastics value for CME is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
| Average Directional Index/ADX (14) | 12.69 | 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 |
|---|---|---|---|
| 276.63 | 271.55 | 5.08 (1.84%) | 25.00% |
| An entry @276.63. This is a Buy Stop order right above the resistance zone. | An exit @271.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.08 points, which is 1.84%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CME. Please evaluate whether better entry and exit points can be found.
- 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.
274.7
-3.12 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.12%
1 Week-0.14%
2 Weeks-0.72%
1 Month0.96%
3 Month4.64%
6 Month18.04%
12 Month37.45%
2 Year38.07%
3 Year37.71%
5 Year65.3%
10 Year186.03%
15 Year392.65%
Volatility
ATR(14)4.72
ATR(20)%1.74%
ATR Inc-19.38%
Range Today4.16
ADR(20)4.64
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.78
Mansfield0.4
10 Day High282.57
10 Day Low271.56
20 Day High282.57
20 Day Low263.21
52 Week High290.79
52 Week Low193.25
CS1 End273.03
CR1 Start275.42
Volume & EV
DER(3)-2.43%
DER(5)-0.98%
Volume2.20M
Volume Incr-23.52%
Vol(5)2.02M
Vol(50)2.39M