Cboe stock falls 1.70 percent to $281.17 amid bearish trend, Cboe states

Traders Union
All News
Companies
Cboe down 1.70% at $281.17 today

Highlights

CBOE continues its sharp decline, closing the week down 15.63% and currently trading just above long-term support.
Bearish momentum dominates, with most technical signals oversold and downside pressure reinforced by intensified selling in recent sessions.
Expected price action for the coming week is a consolidation between $270 and $292, with breakdown risk if $272 is breached.

Bearish momentum as short-term averages fall below long-term support

CBOE is trading at $281.17, well below the MA-20 ($340.43) and MA-50 ($316.71), but just above the MA-200 ($272.58), signaling strong short- and medium-term bearish momentum while the long-term trend finds support near the 200-day level. The Ichimoku Kijun on D1 is $320.57, which acts as immediate resistance. Near-term support is found at the MA-200 ($272.58), with key support at the HMA ($267.91), while near-term resistance clusters at the MA-50 ($316.71) and key resistance strengthens at the Ichimoku Kijun ($320.57).

Oversold signals intensify as selling drives price to weekly lows

Momentum signals on D1 remain firmly bearish—MACD is neutral but negative, and ADX registers a sell with a value approaching 30, confirming a well-established downtrend. RSI is near the oversold threshold at 31.99, Stoch RSI and CCI both flag strong oversold conditions, and BBP's negative value points to dominant seller pressure intraday. The Awesome Oscillator also supports the bearish tone. In today’s session, CBOE is down 1.70% from the previous close, reflecting intensified selling momentum. Over the past week, CBOE has declined $52.39 (15.63%), falling from $333.56, placing the current price at the very bottom of the weekly range. Weekly volatility stands at 22.40%, and the price action marks a steady decline from the high with little sign of reversal. Although multiple oscillators are oversold, momentum indicators and price action remain in agreement, reinforcing the prevailing bearish move.

Consolidation likely as oversold levels counter persistent downside risk

For the coming week, the expected price range is normalized to $270–$292, staying within a realistic band given the elevated volatility and current price action; this sits above the 52-week low ($218.14) but well below the annual high ($371.18). Probability of a price increase is very low (less than 20%) based on only one weekly indicator (MACD on W1) giving a buy signal, while the majority of weekly trend and momentum signals remain bearish. Baseline scenario: price consolidates between $270 and $292 as oversold conditions and previous support levels attempt to absorb further decline. Bullish scenario: a rebound above $292 would require strong short covering and a push through resistance at $316–$321, though momentum does not currently favor this move. Bearish scenario: if support at $272 is breached, renewed selling could bring a test of the $260s, with the downside protected by the long-term MA-200 and HMA bands.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Earlier, analysts noted that Cboe Global Markets was experiencing persistent downside pressure with a high likelihood of near-term consolidation. In light of recent developments, traders should closely monitor for any breakout above current resistance levels or a renewed move toward long-term lows, as these will likely set the direction of Cboe's next trend.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.