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Shares of Cboe Holdings In Fall Below Previous 52-Week Low

By Shiri Gupta

Cboe Holdings In (NASDAQ:CBOE) traded today at a new 52-week low of $91.32. So far today approximately 107,000 shares have been exchanged, as compared to an average 30-day volume of 742,000 shares.

In the past 52 weeks, shares of Cboe Holdings In have traded between the current low of $91.32 and a high of $138.54 and are now at $91.92. The 200-day and 50-day moving averages have moved 0.3% lower and 0.69% lower over the past week, respectively.

CBOE Holdings Inc. operates a marketplace for the trading of standardized and listed options on equity securities. The Company is recognized for its role in the trading of options on individual equities, market indexes and exchange-traded funds, their suite of products, their markets, and their hybrid trading model.

Cboe Holdings In has overhead space with shares priced $91.92, or 21.8% below the average consensus analyst price target of $117.55. The stock should run into initial resistance at its 50-day moving average (MA) of $101.72 and subsequent resistance at its 200-day MA of $113.11.

SmarTrend recommended that its subscribers protect gains by selling shares of Cboe Holdings In on March 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $112.60. Since that call, shares of Cboe Holdings In have fallen 18.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows cboe holdings in

Ticker(s): CBOE