Shares of CBOE Holdings Rise Above Previous 52-Week High
CBOE Holdings (NASDAQ:CBOE) traded today at a new 52-week high of $36.06. Approximately 81,000 shares have changed hands today, as compared to an average 30-day volume of 448,000 shares.
CBOE Holdings Inc. operates a marketplace for the trading of standardized, 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 (NASDAQ:CBOE) is currently priced 15.8% above its average consensus analyst price target of $30.33. The stock should find initial support at its 50-day moving average (MA) of $31.86 and further support at its 200-day MA of $29.13.
Over the past year, CBOE Holdings has traded in a range of $24.56 to $36.06 and is now at $36.01, 47% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.6%.
SmarTrend recommended that subscribers consider buying shares of CBOE Holdings on November 2nd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $30.55. Since that recommendation, shares of CBOE Holdings have risen 16.8%. We continue to monitor CBOE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows cboe holdings