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 downgraded to Sell Candidate
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The CME Group Inc. stock price fell by -0.144% on the last day (Thursday, 28th Mar 2024) from $215.60 to $215.29. During the last trading day the stock fluctuated 1.41% from a day low at $213.47 to a day high of $216.49. The price has fallen in 6 of the last 10 days and is down by -1.88% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -93 thousand shares and in total, 2 million shares were bought and sold for approximately $371.00 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 $214.31 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 9.97% during the next 3 months and, with a 90% probability hold a price between $235.67 and $250.10 at the end of this 3-month period.

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CME Signals & Forecast

There are mixed signals in the stock today. The CME Group Inc. 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 $215.42. On a fall, the stock will find some support from the short-term average at $214.74. 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. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -2.74%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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 $3.02 between high and low, or 1.41%. For the last week the stock has had daily average volatility of 1.28%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CME) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect CME Group Inc. to open at $215.08, and during the day (based on 14 day Average True Range), to move between $212.13 and $218.45, 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 2.93% 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 (0.05%) than the resistance at $217.50 (1.03%), 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?

CME Group Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -4.037 Sell Candidate Downgraded

Predicted Opening Price for CME Group Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$215.08 ( 0.0968%) $215.29

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 218.10 1.30 %
R2 216.94 0.769 %
R1 216.23 0.438 %
Current price: 215.29
Support S1 213.93 -0.632 %
S2 213.22 -0.96 %
S3 212.07 -1.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 220.35 2.35 %
R2 217.96 1.24 %
R1 217.50 1.03 %
Current price 215.29
Support S1 215.18 -0.0511%
S2 205.84 -4.39%
S3 201.41 -6.45%

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?
CME Group Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell 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 2024-03-28, the price of an CME Group Inc. (CME) share was $215.29.

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 2024-03-28, the market capitalization of CME Group Inc. is 77.503B.

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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