CME Group (CME) has risen sharply, recording gains of 3.56% in the past 4 weeks. However, the stock has corrected -0.02% in the past 1 week, providing a good buying opportunity on dips. CME Group (CME) : Traders are bullish on CME Group (CME) as it has outperformed the S&P 500 by a wide margin of 3.78% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.64%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.38% and the fifty day Moving Average is 5.03%. CME Group Inc. is up 8.05% in the last three month period. Year-to-Date the stock performance stands at 18.36%.
CME Group (CME) : The most positive equity analysts on CME Group (CME) expects the shares to touch $114, whereas, the least positive believes that the stock will trade at $86 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $104.88 with an expected fluctuation of $9.79 from the mean.
CME Group (NASDAQ:CME): stock turned positive on Friday. Though the stock opened at $105.89, the bulls momentum made the stock top out at $106.21 level for the day. The stock recorded a low of $105.1475 and closed the trading day at $105.88, in the green by 0.25%. The total traded volume for the day was 1,152,445. The stock had closed at $105.62 in the previous days trading.
CME Group Inc.is 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.