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Bearish Moving Average Cross by Cme Group Inc (CME)

By James Quinn

Cme Group Inc (NYSE:CME) crossed under its 10-day moving average of $125.02 on a volume of 128K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Cme Group Inc share prices have moved between a 52-week high of $127.96 and a 52-week low of $92.29 and are now trading 35% above that low price at $124.20 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Cme Group Inc and will alert subscribers who have CME in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cme group inc

Ticker(s): CME