CME Group Stock Trades Above 50-Day SMA: What Should You Do Now?

CME Group (CME) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 6, 2025, was $225.82, down 9.3$249.02.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend. CME is the largest futures exchange in the world in terms of trading volume as well as notional value tr ...