CME GROUP INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CME
ISIN:

CME GROUP INC. - Daily - Technical analysis published on 10/09/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 217.79 USD

My targets

225.62 USD (+1.78%)

My analysis

The bullish trend is currently very strong on CME GROUP INC.. As long as the price remains above the support at 217.79 USD, you could try to benefit from the boom. The first bullish objective is located at 225.62 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CME GROUP INC. price is 221.68 USD. On the day, this instrument lost -0.02% and was traded between 220.56 USD and 223.84 USD over the period. The price is currently at +0.51% from its lowest and -0.96% from its highest.

220.56

223.84

221.68

Here is a more detailed summary of the historical variations registered by CME GROUP INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CME GROUP INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	204.01	213.17	217.79	221.68	225.62
Change (%)	-7.97%	-3.84%	-1.75%	-	+1.78%
Change	-17.67	-8.51	-3.89	-	+3.94
Level	Minor	Intermediate	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	216.93	218.75	220.21	222.03	223.49	225.31	226.77
Camarilla	220.78	221.08	221.38	221.68	221.98	222.28	222.58
Woodie	216.76	218.66	220.04	221.94	223.32	225.22	226.60
Fibonacci	218.75	220.00	220.77	222.03	223.28	224.05	225.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	209.30	213.26	218.85	222.81	228.40	232.36	237.95
Camarilla	221.80	222.68	223.56	224.43	225.31	226.18	227.06
Woodie	210.11	213.67	219.66	223.22	229.21	232.77	238.76
Fibonacci	213.26	216.91	219.17	222.81	226.46	228.72	232.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	196.76	201.72	211.18	216.14	225.60	230.56	240.02
Camarilla	216.69	218.01	219.33	220.65	221.97	223.29	224.62
Woodie	199.02	202.85	213.44	217.27	227.86	231.69	242.28
Fibonacci	201.72	207.23	210.63	216.14	221.65	225.05	230.56

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	59.78
MACD (12,26,9):	3.0000
Directional Movement:	13.47
AROON (14):	64.28
DEMA (21):	223.48
Parabolic SAR (0,02-0,02-0,2):	216.70
Elder Ray (13):	1.33
Super Trend (3,10):	214.33
Zig ZAG (10):	221.68
VORTEX (21):	1.0400
Stochastique (14,3,5):	71.06
TEMA (21):	223.47
Williams %R (14):	-35.42
Chande Momentum Oscillator (20):	8.52
Repulse (5,40,3):	-1.7000
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	5.14

MA7:	223.09
MA20:	219.19
MA50:	212.14
MA100:	205.48
MAexp7:	222.10
MAexp20:	219.38
MAexp50:	213.77
MAexp100:	209.61
Price / MA7:	-0.63%
Price / MA20:	+1.14%
Price / MA50:	+4.50%
Price / MA100:	+7.88%
Price / MAexp7:	-0.19%
Price / MAexp20:	+1.05%
Price / MAexp50:	+3.70%
Price / MAexp100:	+5.76%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on CME GROUP INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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