CME CME Group Chart, History Price & Graph

Key Takeaways

• The shares of CME Group Inc. (CME) exhibit a short-term downtrend, with recent price action showing a decline of approximately 7.8% over the last 30 days.
• Price is trading below all major moving averages, including the 50-day at 296.57 and 200-day at 303.21, signaling bearish trend continuation.
• RSI(14) at 30.32 indicates oversold conditions, while MACD(12,26) at -2.91 confirms downward momentum.
• Key support levels cluster around 286.60-284.68, with immediate resistance at 288.52-290.44.

Trend Analysis

CME has entered a clear short-term downtrend, as evidenced by consistent lower highs and lows over the recent period. The stock recently closed at 287.65, marking a 2.89% decline in the latest session and reflecting broader weakness. Over the past month, the price has dropped 7.79%, pulling back from higher levels near the 52-week range high of 329.16 toward the lower end around 251.90. This move places CME below key trendlines, with bearish price action dominating as sellers maintain control.

Moving Averages

The moving averages present a uniformly bearish alignment for CME. The price resides below the 5-day simple moving average at 287.18 (the sole buy signal), but all other periods signal sell: 10-day SMA at 290.47, 20-day at 293.78, 50-day at 296.57, 100-day at 299.34, and 200-day at 303.21. Exponential moving averages reinforce this, with the stock trading well below the 50-day EMA of 295.75 and 200-day EMA of 301.18. This configuration underscores sustained downward pressure, as shorter-term averages remain above longer-term ones in a classic bearish stack.

Momentum Indicators

Momentum indicators for CME lean heavily toward sell signals, though oversold readings hint at possible exhaustion. The RSI(14) stands at 30.32, firmly in oversold territory below 30, suggesting potential for a short-term rebound if buying emerges. Stochastic (9,6) at 18.66 is also oversold, while Williams %R at -77 adds to the extreme sentiment. MACD(12,26) registers -2.91 with a sell signal, alongside a CCI(14) of -80.43, confirming bearish divergence. ADX(14) at 27.25 indicates a strengthening downtrend amid high volatility (ATR 2.37).

Support and Resistance Levels

Traders are eyeing pivot-based levels for CME, with the classic pivot point at 287.45 serving as a neutral reference near current levels. Immediate support lies at S1 286.60, S2 285.53, and S3 284.68, where buyers may defend prior lows. Resistance begins at R1 288.52, followed by R2 289.37 and R3 290.44, aligning with short-term moving averages. A break below S3 could accelerate declines, while clearing R1 might test the 10-day SMA zone.

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Technical Outlook and Key Levels to Watch

In the near term, CME traders will monitor the cluster of support levels between 284.68 and 286.60 for signs of stabilization, particularly given oversold RSI and Stochastic readings that could foster a bounce toward resistance at 288.52-290.44. A sustained hold below the pivot at 287.45 maintains bearish bias, with potential tests of lower moving averages if momentum persists. Conversely, a decisive move above R3 near 290 could challenge the 20-day SMA. Key indicators like MACD crossover and RSI divergence above 30 remain critical for assessing trend shifts or continuations.

Disclaimer

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