CME GROUP INC (CME) Stock Technical Analysis
NASDAQ:CME - Nasdaq - US12572Q1058 - Common Stock - Currency: USD
Overall CME gets a technical rating of 8 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.
In the last month CME has a been trading in the 264.31 - 290.79 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CME is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by CME over the past year are nicely spread over this period.
CME is one of the better performing stocks in the Capital Markets industry, it outperforms 83% of 232 stocks in the same industry.
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.
CME has an average volume of 2568400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although CME has an excellent technical rating, it does not present a decent entry opportunity 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
195.56
293.63
We found 6 important support areas.
- A support zone ranging from 266.09 to 269.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 259.47 to 260.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @244.38 from a trend line in the daily time frame.
- Support @234.11 from a trend line in the daily time frame.
- Support @221.25 from a horizontal line in the daily time frame.
- Support @197.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 289.01 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 | DOWN | NEGATIVE | The short term trend for CME is down. |
| ChartMill Relative Strength | 84.49 | POSITIVE | CME has a high relative strength, it outperformed 84.49% 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 | MIXED | The current price of CME is below 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) | 41.91 | NEUTRAL | The RSI value for CME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.45 | NEGATIVE | The MACD value suggests CME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.28 | OVERSOLD | The low Stochastics value suggests CME may be oversold. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for CME suggests low volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for CME suggests a possible start of a new 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)
269.65
+3.55 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.33%
1 Week-2.96%
2 Weeks-5.71%
1 Month0.49%
3 Month4.24%
6 Month13.69%
12 Month36.79%
2 Year45.53%
3 Year31.73%
5 Year65.9%
10 Year189.76%
15 Year378.87%
Volatility
ATR(14)5.2
ATR(20)%1.84%
ATR Inc0.09%
Range Today5.37
ADR(20)4.74
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.49
Mansfield0.88
10 Day High290.79
10 Day Low264.31
20 Day High290.79
20 Day Low264.31
52 Week High290.79
52 Week Low190.7
CS1 End269.64
CR1 Start289.01
Volume & EV
DER(3)3.73%
DER(5)2.79%
Volume2.75M
Volume Incr7.45%
Vol(5)2.40M
Vol(50)2.57M