|
|
| Number of records: 0 |
|
|
|
|
|
Cboe Globa (CBOE) |
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third positive week after 6 consecutive negative weeks for the Cboe Globa (CBOE). During the week, the CBOE gained 1.20 points, or 1.37%, and closed at 89.04 on Friday, November 20, 2020. Weekly volume was -20% below average.
CBOE is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CBOE long-term trend chart]
A long-term downtrend had started on August 26, 2020 at 94.27 and reached 77.63 on October 29, 2020. CBOE lost 16.64 points, or 17.65%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (73.31) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CBOE may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See CBOE medium-term trend chart]
A medium-term uptrend had started on October 29, 2020 at 77.63 and reached 90.85 on November 19, 2020. CBOE gained -13.22 points, or -17.03%, in 3 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (90.05) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See CBOE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 21, 2020. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See CBOE short-term trend chart]
A short-term uptrend had started on November 12, 2020 at 85.16 and reached 90.85 on November 19, 2020. CBOE gained -5.69 points, or -6.68%, in 7 days. The price is now at the 31.81% retracement level.
 Daily Technical Indicators: [See CBOE daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since October 30, 2020. This is an indication that the short-term trend is up.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
11 |
| Industry |
Financial Exchanges & Data |
15 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
85.16 |
| Low Date |
11/12/2020 |
| High |
90.85 |
| High Date |
11/19/2020 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
85.16 |
| Low Date |
11/12/2020 |
| High |
90.85 |
| High Date |
11/19/2020 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
93.32 |
| Support |
90.05 |
| Low |
77.63 |
| Low Date |
10/29/2020 |
| High |
90.85 |
| High Date |
11/19/2020 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Broken Resistance |
| Resistance |
85.86 |
| Support |
73.31 |
| High |
94.27 |
| High Date |
08/26/2020 |
| Low |
77.63 |
| Low Date |
10/29/2020 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
127.93 |
| High Date |
02/06/2020 |
| Low |
72.01 |
| Low Date |
03/19/2020 |
|
|