CME Price Prediction Next Week
Analysis and Insights
To predict the stock price of CME Group Inc. (CME) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
CME's stock price is currently trading at $263.73 as of the latest data. Key technical indicators include:
- RSI (14): 56.89, indicating the stock is not in oversold territory.
- MACD (12,26): 5.34, showing a positive trend but with a decreasing histogram, suggesting some weakness.
- SMA (20): $257.28, with the stock trading above this level, indicating short-term bullish momentum.
- Fibonacci Levels: Support at $254.31 and resistance at $266.85.
The stock is currently consolidating between its 20-day and 50-day moving averages, suggesting a neutral trend.
News Sentiment and Event Impact:
- Stagflation Concerns: Rising concerns about stagflation could impact market sentiment, potentially leading to stock price drops as investors seek safer assets.
- Federal Reserve Policy: The Fed's recent rate cuts and potential future cuts could influence market dynamics, with lower rates generally favorable for equities but signaling economic slowdowns.
- CME Futures Performance: Solana futures on CME saw lower-than-expected volume, indicating weaker institutional demand compared to Bitcoin and Ethereum.
- Dividend Announcement: CME is set to pay a dividend of $1.25 per share, which may attract income-focused investors.
Price Prediction and Recommendation:
Given the technical indicators and news sentiment, CME's stock is likely to consolidate next week with a potential range of $254.31 to $266.85. The stock may face resistance at the upper Fibonacci level of $266.85, and support at $254.31.
Recommendation: Sell if the stock approaches the resistance level of $266.85, as it may face selling pressure. Buy if it tests the support level of $254.31, as it could rebound from there.
Exact Price Prediction: The stock is expected to trade between $254.31 and $266.85 next week, with a potential short-term target of $260.58 (Fibonacci Pivot Point).
CME Similar Chart Price Prediction
The price of CME is predicted to go up 3.2%, based on the high correlation periods with LH. The similarity of these two price pattern on the periods is 97.25%.
CME
LH
Up: 3.2%Similarity: 97.25%
CME Revenue Forecast
CME EPS Forecast
CME FAQs
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CME VS S&P500
CME has assembled a diverse set of derivative products in interest rates, equities, commodities, metals, and foreign currency. Weakness in one product is often offset by strength in another.
CME has been able drive trading volume growth by successfully introducing new futures contracts, like the micro E-mini S&P 500 and SOFR futures.
CME stands to be a beneficiary of rising rates as increased volatility drives more trading volume in its interest rate futures contracts.
CME Analyst's Forecast
Mike Cyprys
Morgan Stanley
Hold
2025-02-19
Price Target
$256 → $263
Upside
+4.89%
Morgan Stanley raised the firm's price target on CME Group to $263 from $256 and keeps an Equal Weight rating on the shares. In a model refresh following Q4 results, the firm is raising its 2025 adjusted EPS view by 3.6% to $10.97 from $10.59.
Kyle Voigt
Keefe, Bruyette & Woods
Hold
2025-02-14
Price Target
$256 → $257
Upside
+4.69%
Owen Lau
Oppenheimer
Buy
2025-02-13
Price Target
$258 → $269
Upside
+7.55%
