CME GROUP INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	CME
ISIN:

CME GROUP INC. - Daily - Technical analysis published on 08/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

17%

My opinion

Bullish above 200.44 USD

My targets

211.16 USD (+3.06%)

215.53 USD (+5.19%)

My analysis

CME GROUP INC. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 200.44 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 211.16 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 215.53 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 218.93 USD. Beware of a possible return to under the support located at 200.44 USD which would be the sign of a correction of the bullish excesses registered in the short term.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.2

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.

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Additional analysis

Quotes

CME GROUP INC. rating 204.90 USD. On the day, this instrument lost -0.05% and was traded between 202.35 USD and 207.31 USD over the period. The price is currently at +1.26% from its lowest and -1.16% from its highest.

202.35

207.31

204.90

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CME GROUP INC. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	194.20	197.14	200.44	204.90	205.05	211.16	215.53
Change (%)	-5.22%	-3.79%	-2.18%	-	+0.07%	+3.06%	+5.19%
Change	-10.70	-7.76	-4.46	-	+0.15	+6.26	+10.63
Level	Intermediate	Minor	Major	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	195.10	197.80	201.40	204.10	207.70	210.40	214.00
Camarilla	203.27	203.85	204.42	205.00	205.58	206.16	206.73
Woodie	195.55	198.03	201.85	204.33	208.15	210.63	214.45
Fibonacci	197.80	200.21	201.69	204.10	206.51	207.99	210.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	186.36	189.80	194.82	198.26	203.28	206.72	211.74
Camarilla	197.50	198.28	199.06	199.83	200.61	201.38	202.16
Woodie	187.14	190.20	195.60	198.66	204.06	207.12	212.52
Fibonacci	189.80	193.04	195.03	198.26	201.50	203.49	206.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	180.72	186.94	190.33	196.55	199.94	206.16	209.55
Camarilla	191.07	191.95	192.83	193.71	194.59	195.47	196.35
Woodie	179.30	186.23	188.91	195.84	198.52	205.45	208.13
Fibonacci	186.94	190.61	192.88	196.55	200.22	202.49	206.16

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	61.03
MACD (12,26,9):	1.0900
Directional Movement:	7.83
AROON (14):	42.86
DEMA (21):	200.37
Parabolic SAR (0,02-0,02-0,2):	195.40
Elder Ray (13):	4.73
Super Trend (3,10):	191.36
Zig ZAG (10):	204.83
VORTEX (21):	1.0800
Stochastique (14,3,5):	84.46
TEMA (21):	202.23
Williams %R (14):	-16.82
Chande Momentum Oscillator (20):	7.50
Repulse (5,40,3):	2.0100
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	2.44

MA7:	199.93
MA20:	198.98
MA50:	198.09
MA100:	204.30
MAexp7:	201.54
MAexp20:	199.39
MAexp50:	199.94
MAexp100:	202.07
Price / MA7:	+2.49%
Price / MA20:	+2.98%
Price / MA50:	+3.44%
Price / MA100:	+0.29%
Price / MAexp7:	+1.67%
Price / MAexp20:	+2.76%
Price / MAexp50:	+2.48%
Price / MAexp100:	+1.40%

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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