CBOE GLOBAL MARKETS INC (CBOE) Stock Technical Analysis
NYSEARCA:CBOE - NYSE Arca - US12503M1080 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CBOE. Although CBOE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, CBOE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 213.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 208.50, a Stop Loss order could be placed below this zone.
More info and screens
188.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 213.13 to 213.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 201.26 to 208.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 196.39 to 196.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 190.36 to 190.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 215.86 to 217.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 217.86 | 201.99 | 15.87 (7.28%) | 13.73% |
| An entry @217.86. This is a Buy Stop order right above the resistance zone. | An exit @201.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 15.87 points, which is 7.28%. | For a 1.00% total portfolio risk, you can invest 13.73% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:CBOE (3/3/2025, 3:45:02 PM)
214.705
+3.91 (+1.85%)