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Stock Charts AI Power Rank: 5.2
Power Rank trend -> Rising
07/26/2024 16:00:00 EST
CME Group Inc (CME)
Industry: Financial Data & Stock Exchanges
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CME has been trading in a range between $201.46 and $193.43 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Yellow zone which means the stock is transitioning zones. We would avoid this stock currently.
Upside / Downside Potential
CME Group Inc $CME entered a Yellow zone 2 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $224.79, a potential upside of 12.09% from the recent price of 200.54. The stock is trading 9.8% (potential upside) below its 52 week high of $220.20 and 6.08 % (potential downside) above its 52 week low of $189.05 - based on the recent price.
Company Summary
CME Group Inc, together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services.
News
| CME Group to Launch Adjusted Interest Rate S&P 500 Total Return (SOFR) Futures on August 26 CHICAGO , July 25, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch Adjusted Interest Rate S&P 500 (AIR) Total Return (SOFR) futures on August 26, pending regulatory review. AIR Total Return futures on U.S. indices are designed to provide total return exposure with an overnight floating rate built in. Source: PRNewsWire Thu, 25 Jul 2024 08:00:00 -0400 Sentiment: Neutral |
| CME Group Reports Q2 2024 Results Revenue of $1.53 billion set a record. Adjusted EPS of $2.56 exceeded estimates. Source: The Motley Fool Wed, 24 Jul 2024 15:56:09 -0400 Sentiment: Neutral |
| CME Group (CME) Q2 Earnings Top on Record Trading Volume CME Group (CME) Q2 results reflect benefits of record trading volumes. Source: Zacks Investment Research Wed, 24 Jul 2024 13:55:55 -0400 Sentiment: Positive |
| CME Group CEO Terry Duffy on record quarter Terry Duffy, CME Group CEO, joins 'Money Movers' to discuss the company's record-hitting earnings report, his reaction to Cantor Fitzgerald CEO Howard Lutnick's comment, and more. Source: CNBC Television Wed, 24 Jul 2024 12:12:50 -0400 Sentiment: Positive |
| CME Group Inc. (CME) Q2 2024 Earnings Call Transcript CME Group Inc. (NASDAQ:CME ) Q2 2024 Earnings Conference Call July 24, 2024 8:30 PM ET Company Participants Adam Minick - Head of IR Terrence Duffy - Chairman, CEO Lynne Fitzpatrick - CFO Sunil Cutinho - Chief Information Officer Derek Sammann - Senior Managing Director, Global Head of Commodities Kendal Vroman - Chief Transformation Officer Tim McCourt - Senior Managing Director, Global Head of Financial Julie Winkler - CCO Conference Call Participants Patrick Moley - Piper Sandler Benjamin Budish - Barclays Simon Clinch - Redburn Atlantic Dan Fannon - Jefferies Owen Lau - Oppenheimer Chris Allen - Citi Craig Siegenthaler - Bank of America Kyle Voigt - KBW Michael Cyprys - Morgan Stanley Alex Blostein - Goldman Sachs Brian Bedell - Deutsche Bank Ken Worthington - JP Morgan Eli Abboud - Bank of America Operator Welcome to the CME Group Second Quarter 2024 Earnings Call. At this time I would like to inform all participants that your lines have been placed on a listen-only mode until the question-and-answer session of today's conference. Source: Seeking Alpha Wed, 24 Jul 2024 11:58:09 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 220.2006 52 Week Low: 189.0501 Beta: 0.527 50 Day MA: 200.3978 200 Day MA: 208.9019 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.131 Qtr Revenue Growth YOY: 0.129 Forward PE: 21.8818 Trailing PE: 22.1103