Large Inflow of Money Witnessed in CME Group

CME Group (CME) : Thursdays money flow data in CME Group (CME) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $15.75 million, whereas, $12.67 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.24, in favor of the bulls. The total money flow into the stock was $3.08 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $2.8 million. The total value of block trades done on upticks was $2.8 million. CME Group (CME) fell $0.66 and traded at $97.46, down -0.67% for the day, over previous days close. On a weekly basis, the shares are 1.17% over the previous weeks close.


CME Group (CME) : The highest level CME Group (CME) is projected to reach is $110 for the short term and the lowest estimate is at $86. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $98.33 and the possibility the share price can swing is $7.47. The stock has recorded a 20-day Moving Average of 2.95% and the 50-Day Moving Average is 3.36%.

CME Group (NASDAQ:CME): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $98.14 and $97.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $98.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $98.15, notching a gain of 0.03% for the day. The total traded volume was 1,190,420 . The stock had closed at $98.12 on the previous day.

CME Group the holding company for Chicago Mercantile Exchange Inc., CBOT, New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange, Inc. (COMEX) and their respective subsidiaries, as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures, options on futures and swaps contracts through its two clearing organizations: CME Clearing, which is a division of CME, and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products, including those -based on interest rates, equities, foreign exchange, agricultural commodities, energy and metals. It also clear swaps contracts on a range of products, including those -based on interest rates, credit default, foreign exchange, agricultural commodities, energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.

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