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Watch for Cme Group Inc to Potentially Pullback After Gaining 1.01% Yesterday

By James Quinn

Cme Group Inc (NASDAQ:CME) traded in a range yesterday that spanned from a low of $202.83 to a high of $206.63. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $205.90 on volume of 176,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

Cme Group Inc share prices have moved between a 52-week high of $224.86 and a 52-week low of $161.05 and are now trading 28% above that low price at $205.37 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

Keywords: rebounders cme group inc

Ticker(s): CME