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Monitoring CME Group Inc (CME) after recent insider movements

In a filing, CME Group Inc revealed its Chairman and CEO DUFFY TERRENCE A unloaded Company’s shares for reported $8.44 million on Apr 29 ’24. In the deal valued at $210.91 per share,40,000 shares were sold. As a result of this transaction, DUFFY TERRENCE A now holds 67,455 shares worth roughly $14.03 million.

Then, SHEPARD WILLIAM R bought 282 shares, generating $60,561 in total proceeds. Upon buying the shares at $214.71, the Director now owns 253,343 shares.

Before that, SHEPARD WILLIAM R bought 12 shares. CME Group Inc shares valued at $2,670 were divested by the Director at a price of $214.71 per share. As a result of the transaction, SHEPARD WILLIAM R now holds 2,334 shares, worth roughly $0.49 million.

Barclays downgraded its CME Group Inc [CME] rating to an Equal weight from a an Overweight in a research note published on January 08, 2024; the price target was decreased to $222 from $244. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early January from “a Neutral” to “a Sell”. BofA Securities also remained covering CME and has increased its forecast on September 06, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. Barclays started covering the stock on June 28, 2023. It rated CME as “an Overweight”.

Price Performance Review of CME

On Monday, CME Group Inc [NASDAQ:CME] saw its stock jump 0.17% to $208.00. Over the last five days, the stock has lost -0.77%. CME Group Inc shares have fallen nearly -1.23% since the year began. Nevertheless, the stocks have risen 15.92% over the past one year. While a 52-week high of $222.63 was reached on 02/29/24, a 52-week low of $171.43 was recorded on 01/11/24. SMA at 50 days reached $213.95, while 200 days put it at $209.32. A total of 1.65 million shares were traded, compared to the trading of 2.07 million shares in the previous session.

Levels Of Support And Resistance For CME Stock

The 24-hour chart illustrates a support level at 206.34, which if violated will result in even more drops to 204.68. On the upside, there is a resistance level at 209.31. A further resistance level may holdings at 210.62. The Relative Strength Index (RSI) on the 14-day chart is 42.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.40%. Stochastics %K at 27.06% indicates the stock is a holding.

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