Large Outflow of Money Witnessed in CME Group

CME Group (CME) : Money flow in the CME Group (CME) stock was negative (0.83 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $2.31 million, compared to $3.15 million on downticks. The total uptick to downtick ratio was 0.73, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.25 million), indicating selling on the strength. The transaction value during uptick in block trades was $1.29 million. Downtick transaction value in block trades amounted to $2.54 million, indicating persistent selling. The uptick to downtick ratio was 0.51. CME Group (CME) traded $0.4 higher at $101.43 gaining 0.4% over the previous days close.


CME Group (CME) : The consensus price target for CME Group (CME) is $99.78 for the short term with a standard deviation of $8.47. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $112, however, the pessimist price target for the company is $86.

CME Group (NASDAQ:CME): stock turned positive on Friday. Though the stock opened at $101.3, the bulls momentum made the stock top out at $102.12 level for the day. The stock recorded a low of $100.26 and closed the trading day at $101.79, in the green by 0.75%. The total traded volume for the day was 873,853. The stock had closed at $101.03 in the previous days trading.

In a related news, Oliff James E, director of Cme Group Inc., unloaded 1,000 shares at an average price of $102.3 on July 15, 2016. The total amount of the transaction was worth $102,300, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

CME Group the holding company for Chicago Mercantile Exchange Inc., CBOT, New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange, Inc. (COMEX) and their respective subsidiaries, as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures, options on futures and swaps contracts through its two clearing organizations: CME Clearing, which is a division of CME, and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products, including those -based on interest rates, equities, foreign exchange, agricultural commodities, energy and metals. It also clear swaps contracts on a range of products, including those -based on interest rates, credit default, foreign exchange, agricultural commodities, energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.

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