CME Stock Forecast & CME Group Chart Analysis
This article provides a detailed analysis of CME-CME Group Inc. stock including a forecast for CME shares. It features CME Group Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CME Historical Data Review
CME Current Price Performance Analysis
The CME Group - CME stock traded on the American stock market, on 06-05-2024, closed at 200.49$ with a %-1.61 decreased compared to the previous day.
In the last month, the price of CME changed by %-3.61 decreased in value, from 208.0 dollars on 05-06-2024 to 200.49 dollars, decreased.
Last year, the price of CME was 184.35 dollars on 06-06-2023, and changed by %8.76 increased in value, to 200.49 dollars increased within a year.
The price of CME Group stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CME with AI Stock Forecast & Price Target
On the CME chart CME Group price was recorded as 200.49 Dollars on 06/05/2024.
The artificial intelligence's forecast on CME stock is as follows.
The artificial intelligence's prediction error margin for CME stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for CME Group stock over the next 4 months is: 215.6 Dollars.
The commentary on CME stock Target Price: Highest: 233.766 Dollars is predicted.
The commentary on CME stock Target Price: Lowest: 193.706 Dollars is predicted.
Resistance Price where CME Group stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 211.970 |
10-03-2024 | 212.502 |
10-23-2024 | 211.323 |
11-12-2024 | 208.684 |
02-25-2025 | 233.766 |
Support Price where CME Group stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-09-2024 | 193.706 |
10-18-2024 | 211.322 |
11-07-2024 | 208.676 |
11-27-2024 | 208.550 |
04-01-2025 | 227.363 |
The commentary on CME stock: The target price can generally be said to be on the rise.
The commentary on CME stock: Fluctuations in the target price can be expected in the coming days.
The target price for CME Group stock by the end of 2024 is predicted to be 222.732 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CME stock, and the 2024 target price predictions for CME Group are detailed above.
The technical analysis and charts for the commentary on CME stock are below.
CME Support & Resistance and Trend Analysis
CME stock you have reviewed the technical analysis support resistance charts regarding.
CME : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CME review, the CME Group support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
CME Group Support and Resistance Prices:
CME Support Level Price | CME Resistance Level Price |
---|---|
195.54 | 209.62 |
202.40 | 214.95 |
202.78 | 215.62 |
204.84 | 216.63 |
205.18 | 217.45 |
206.08 | 217.90 |
208.82 | 219.09 |
212.80 | 220.19 |
222.63 | |
223.80 |
CME Technical Analysis: SMA, RSI, MACD
Upon reviewing the CME chart, buy and sell signals have been generated in the CME Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CME stock are as follows:- The technical analysis for CME Group indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for CME Group stock: Click here to read more predictions on Hitachi stock.
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