|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
Cboe Globa (CBOE) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Cboe Globa (CBOE). During the week, the CBOE dropped -23.79 points, or -6.66%, and closed at 333.56 on Friday, May 29, 2026. Weekly volume was 51% above average. CBOE is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CBOE long-term trend chart] A long-term uptrend had started on May 19, 2022 at 103.82 and reached 371.18 on May 19, 2026. CBOE gained -267.36 points, or -257.52%, in 208 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (226.06) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See CBOE medium-term trend chart] A medium-term uptrend had started on January 15, 2025 at 187.30 and reached 371.18 on May 19, 2026. CBOE gained -183.88 points, or -98.17%, in 69 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (266.79) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CBOE weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since January 9, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See CBOE short-term trend chart] A short-term uptrend had started on March 27, 2026 at 272.15 and reached 371.18 on May 19, 2026. CBOE gained -99.03 points, or -36.39%, in 53 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 326.61 and resistance is at 389.84. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See CBOE daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since May 21, 2026. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Candlestick pattern: [See CBOE candlestick chart pattern] On Friday the chart has formed a Bearish Three Black Crows Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bearish Three Black Crows Candlestick pattern during the last week.
| |
|
|