CME GROUP INC (CME) Technical Analysis
NASDAQ:CME • US12572Q1058
Current stock price
CME Technical Rating and Analysis
Overall CME gets a technical rating of 0 out of 10. CME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CME is a bad performer in the overall market: 70% of all stocks are doing better.
- In the last month CME has a been trading in the 274.60 - 312.68 range, which is quite wide. It is currently trading near the lows of this range.
- CME has an average volume of 2364330 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 239 other stocks in this industry, CME did better than 56% of them.
- CME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CME is lagging the market.
CME Weekly and Daily overview Charts
CME Setup Rating and Analysis
CME has a poor technical rating and the quality of the setup is also only medium 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
CME Support and Resistance Analysis
256.23
3 important support areas can be observed.
- A support zone ranging from 274.12 to 276.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @269.50 from a horizontal line in the weekly time frame.
- A support zone ranging from 258.82 to 261.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 288.78 to 294.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 301.69 to 304.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @310.59 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 | DOWN | NEGATIVE | The long term trend for CME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CME is down. |
| ChartMill Relative Strength | 30.43 | 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 | POSITIVE | The current price of CME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.04 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.33 | NEGATIVE | The MACD value suggests CME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.76 | NEUTRAL | The Stochastics value for CME is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for CME suggests some volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for CME suggests a strong trend. |
CME Chart- and CandleStick Pattern Analysis
CME Technicals: Chart, Performance Metrics, Trend & Indicators
281.94
-3.12 (-1.09%)
CME GROUP INC / CME TA FAQ
What is the ChartMill technical rating of CME GROUP INC (CME) stock?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for CME stock?
CME GROUP INC (CME) has an RSI value of 33.0402. This indicates that the stock is currently neutral.
What is the short term momentum for CME stock?
The short term momentum for CME GROUP INC (CME) is negative.
What is the buy/sell signal for CME stock?
The buy/sell signal for CME GROUP INC (CME) is sell as both the short term and long term trends are negative.