CBOE Holdings Stock Forecast
CBOE Holdings stock price up 1.98% on Thursday
(Updated on Mar 28, 2024)
The CBOE Holdings stock price gained 1.98% on the last trading day (Thursday, 28th Mar 2024), rising from $180.17 to $183.73. During the last trading day the stock fluctuated 2.09% from a day low at $179.97 to a day high of $183.73. The price has fallen in 6 of the last 10 days but is still up by 1.44% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 401 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $186.56 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.95% during the next 3 months and, with a 90% probability hold a price between $183.56 and $205.56 at the end of this 3-month period.
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CBOE Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 3.16%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The CBOE Holdings stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $186.34. On a fall, the stock will find some support from the short-term average at $181.29. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for CBOE Holdings stock
CBOE Holdings finds support from accumulated volume at $183.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $3.76 (2.09%) between high and low. For the last week, the stock has had daily average volatility of 1.57%.
Our recommended stop-loss: $174.57 (-4.98%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (CBOE) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect CBOE Holdings to open at $182.48, and during the day (based on 14 day Average True Range), to move between $180.27 and $187.19, which gives a possible trading interval of +/-$3.46 (+/-1.88%) up or down from last closing price. If CBOE Holdings takes out the full calculated possible swing range there will be an estimated 3.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $183.75 (0.01%) than the support at $183.68 (0.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is CBOE Holdings stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CBOE Holdings stock to perform well in the short-term.
Current score: 2.584 Buy Candidate Unchanged
Predicted Opening Price for CBOE Holdings of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$182.48 ( 0.682%) | $183.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CBOE
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 186.24 | 1.36 % | |
R2 | 184.80 | 0.583 % | ||
R1 | 183.91 | 0.0996 % | ||
Current price: | 183.73 | |||
Support | S1 | 181.04 | -1.46 % | |
S2 | 180.15 | -1.95 % | ||
S3 | 178.72 | -2.73 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 195.52 | 6.42 % | |
R2 | 189.36 | 3.06 % | ||
R1 | 183.75 | 0.0109 % | ||
Current price | 183.73 | |||
Support | S1 | 183.68 | -0.0272% | |
S2 | 183.52 | -0.114% | ||
S3 | 182.79 | -0.512% |
CBOE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 09, 2024 | Feb 28, 2024 | Mar 15, 2024 | $0.550 | 0.300% |
2 | Nov 29, 2023 | Nov 29, 2023 | Dec 15, 2023 | $0.550 | 0.314% |
3 | Aug 16, 2023 | Aug 30, 2023 | Sep 15, 2023 | $0.550 | 0.368% |
4 | May 11, 2023 | May 30, 2023 | Jun 15, 2023 | $0.500 | 0.362% |
5 | Feb 09, 2023 | Feb 27, 2023 | Mar 15, 2023 | $0.500 | 0.409% |
FAQ
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