Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CME
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CME Group Inc. stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The CME Group Inc. stock price gained 1.28% on the last trading day (Wednesday, 27th Mar 2024), rising from $212.88 to $215.60. During the last trading day the stock fluctuated 1.47% from a day low at $212.53 to a day high of $215.65. The price has been going up and down for this period, and there has been a -1.71% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 484 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $391.68 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $213.47 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.68% during the next 3 months and, with a 90% probability hold a price between $234.12 and $248.89 at the end of this 3-month period.

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CME Signals & Forecast

The CME Group Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $214.89 and $215.14. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -2.60%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for CME Group Inc. stock

CME Group Inc. finds support from accumulated volume at $215.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $3.12 between high and low, or 1.47%. For the last week the stock has had daily average volatility of 1.26%.

Our recommended stop-loss: $206.81 (-4.08%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)

Trading Expectations (CME) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect CME Group Inc. to open at $214.59, and during the day (based on 14 day Average True Range), to move between $212.44 and $218.76, which gives a possible trading interval of +/-$3.16 (+/-1.47%) up or down from last closing price. If CME Group Inc. takes out the full calculated possible swing range there will be an estimated 2.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $215.18 (0.19%) than the resistance at $217.50 (0.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CME Group Inc. 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 CME Group Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 4.296 Buy Candidate Upgraded

Predicted Opening Price for CME Group Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$214.59 ( 0.467%) $215.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CME

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 217.71 0.98 %
R2 216.52 0.427 %
R1 215.79 0.0859 %
Current price: 215.60
Support S1 213.40 -1.02 %
S2 212.67 -1.36 %
S3 211.47 -1.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 220.35 2.20 %
R2 217.96 1.09 %
R1 217.50 0.88 %
Current price 215.60
Support S1 215.18 -0.195%
S2 211.02 -2.12%
S3 201.41 -6.58%

CME Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Mar 08, 2024 Mar 26, 2024 $1.15 0.540%
2 Feb 08, 2024 Mar 07, 2024 Mar 26, 2024 $1.15 0.540%
3 Dec 27, 2023 Dec 27, 2023 Dec 28, 2023 $0 0%
4 Nov 09, 2023 Dec 07, 2023 Dec 28, 2023 $1.10 0.521%
5 Aug 03, 2023 Sep 07, 2023 Sep 27, 2023 $1.10 0.549%

FAQ

What is the symbol for CME Group Inc. Stock and on which exchange is it traded?
The symbol for CME Group Inc. is CME and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CME Group Inc. Stock?
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 CME Group Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy CME Group Inc. Stock?
CME Group Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CME Group Inc. Stock.

What's the current price of CME Group Inc. Stock?
As of the end of day on the 2024-03-27, the price of an CME Group Inc. (CME) share was $215.60.

What is the 52-week high and low for CME Group Inc. Stock?
The 52-week high for CME Group Inc. Stock is $223.80 and the 52-week low is $175.73.

What is the market capitalization of CME Group Inc. Stock?
As of the 2024-03-27, the market capitalization of CME Group Inc. is 76.635B.

When is the next earnings date for CME Group Inc.?
The upcoming earnings date for CME Group Inc. is Apr 24, 2024.
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About CME Group Inc.

CME Group. CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts... CME Profile

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