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Uptrend ExhaustionArchive - 3/21/2025 - Sign In to see current Signals. |
CME Group Inc. (CME) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a tenth positive week after 3 consecutive negative weeks for the CME Group Inc. (CME). During the week, the CME gained 4.70 points, or 1.82%, and closed at 263.40 on Friday, March 21, 2025. Weekly volume was 77% above average. CME is a member of Financials Sector. Financials is the second 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 CME long-term trend chart] A long-term uptrend had started on January 23, 2009 at 31.01 and reached 267.90 on March 19, 2025. CME gained -236.89 points, or -763.91%, in 842 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 189.01 and resistance is at 303.93. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See CME medium-term trend chart] A medium-term uptrend had started on January 3, 2023 at 166.55 and reached 267.90 on March 19, 2025. CME gained -101.35 points, or -60.85%, in 115 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (260.14). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CME weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since January 31, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See CME short-term trend chart] A short-term uptrend had started on January 7, 2025 at 224.60 and reached 267.90 on March 19, 2025. CME gained -43.30 points, or -19.28%, in 71 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 260.58 and resistance is at 266.90. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See CME daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since January 17, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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