The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 8/21/2026 -
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CME Group Inc. (CME) Technical Analysis

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Summary:
Weekly :Overbought sectorWeekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range is overboughtMACD bearish divergenceThe price is above the upper Bollinger Band
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It was a second consecutive positive week for the CME Group Inc. (CME). During the week, the CME gained 5.18 points, or 1.92%, and closed at 274.98 on Friday, August 21, 2026. Weekly volume was -20% below average.

CME 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 CME long-term trend chart]
A long-term uptrend had started on January 23, 2009 at 31.01 and reached 329.16 on March 3, 2026. CME gained -298.15 points, or -961.46%, in 892 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 204.54 and resistance is at 325.68. 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 329.16 on March 3, 2026. CME gained -162.61 points, or -97.63%, in 165 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 226.66 and resistance is at 351.51. 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 medium-term trend.

Weekly Technical Indicators: [See CME weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 June 29, 2026 at 218.31 and reached 275.50 on August 21, 2026. CME gained -57.19 points, or -26.20%, in 53 days. Price is near the trend high.

Daily Technical Indicators: [See CME daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 July 2, 2026. 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.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.05
Williams' Percentage Range (W%R) 12.20
Overbought
Lane's Stochastic (%D-Slow) 79.45
Greed/Fear Indicator (GFI) 76.11
Moving Average Converg./Diverg. (MACD) 4.52 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.74
Williams' Percentage Range (W%R) 42.50
Lane's Stochastic (%D-Slow) 73.31
Greed/Fear Indicator (GFI) 59.98
Moving Average Converg./Diverg. (MACD) -7.79
Trading Signals
Description Value Chart
Yearly Trendline Resistance 325.68
Monthly Trendline Resistance 282.55
Price 274.98
Upper Bollinger Band 272.89
Daily Stochastic Crossing 271.93
Weekly Stochastic Crossing 265.86
20 Day Moving Average 265.59
Parabolic System 261.94
Lower Bollinger Band 255.18
50 Day Moving Average 252.15
Quarterly Trendline Support 226.66
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Financial Exchanges & Data 64
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 256.83
Low Date 08/12/2026
High 275.50
High Date 08/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 218.31
Low Date 06/29/2026
High 275.50
High Date 08/21/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 282.55
Support 171.81
High 329.16
High Date 03/03/2026
Low 218.31
Low Date 06/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 351.51
Support 226.66
Low 166.55
Low Date 01/03/2023
High 329.16
High Date 03/03/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 325.68
Support 204.54
Low 31.01
Low Date 01/23/2009
High 329.16
High Date 03/03/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.