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CBOE Implied Correlation Index

CBOE Implied Correlation Index (^COR3M) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^COR3M●INDEX
$10.73
$0.83(8.38%)
U.S. Market is Open · 10:36

^COR3M Technical Analysis Summary

CBOE Implied Correlation Index index currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.04)
Trend Strength:Weak (ADX: 15.74)
Volatility:High (ATR: 2.00)
Support/Resistance:$7.07 – $12.93 (Bollinger Bands)

Overall, CBOE Implied Correlation Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 43.80

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.02

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -18.97

Strongly Bearish
Sharp downside momentum.

Takeaway:CBOE Implied Correlation Index shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.74

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.74

Weak
Weak trend, market trading sideways.

ATR (14): 2.00

Medium
Medium volatility, healthy price movement.

CCI (14): 1.37

Neutral
Neutral, no strong directional signal.

Takeaway:CBOE Implied Correlation Index shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.93
Middle Band (SMA 20)
$10.00
Lower Band
$7.07
Current Position
Within Bands

Takeaway:CBOE Implied Correlation Index trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$14.41
Middle Line (EMA 20)
$10.41
Lower Channel
$6.41
Squeeze Status
Squeeze On

Takeaway:CBOE Implied Correlation Index trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.74Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:^COR3M shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of CBOE Implied Correlation Index, here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for CBOE Implied Correlation Index are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ