Taking everything into account, CME scores 1 out of 10 in our technical rating. 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.
The technical rating of CME is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
249.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 258.82 to 261.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @252.37 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 268.36 to 274.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 282.21 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 | NEUTRAL | NEUTRAL | The long term trend for CME is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CME is down. |
| ChartMill Relative Strength | 51.67 | NEUTRAL | CME is not amongst the best or worst performers 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 | MIXED | The current price of CME is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.15 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.14 | NEGATIVE | The MACD value suggests CME has a negative trend. |
| Stochastics (14,3) | 14.86 | OVERSOLD | The low Stochastics value suggests CME may be oversold. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for CME suggests a weak or negative trend. |
262.45
-4.19 (-1.57%)
CME GROUP INC / CME FAQ
What is the ChartMill technical rating of CME GROUP INC (CME) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for CME GROUP INC?
CME GROUP INC (CME) has an RSI value of 37.1455. 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 -1.13574, indicating a bearish trend.