Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
CBOE S&P 500 Iron Butterfly Index

CBOE S&P 500 Iron Butterfly Index (^BFLY) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^BFLY●INDEX
$409.25
$0.66(0.16%)
U.S. Market opens in 6h 30m

^BFLY Technical Analysis Summary (INDEX)

CBOE S&P 500 Iron Butterfly Index (INDEX: ^BFLY) stock currently shows a bullish trend on the INDEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 78.90)
Trend Strength:Very Strong (ADX: 50.32)
Volatility:Low (ATR: 1.99)
Support/Resistance:$392.69 – $411.54 (Bollinger Bands)

Technical conditions suggest CBOE S&P 500 Iron Butterfly Index on the INDEX is awaiting a decisive move. Overall, CBOE S&P 500 Iron Butterfly Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 78.90

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 99.25

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.61

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.53

Bullish
Steady upward momentum.

Takeaway:CBOE S&P 500 Iron Butterfly Index shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 5.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 50.32

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.99

Low
Low volatility, stable price action.

CCI (14): 109.79

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:CBOE S&P 500 Iron Butterfly Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$411.54
Middle Band (SMA 20)
$402.12
Lower Band
$392.69
Current Position
Within Bands

Takeaway:CBOE S&P 500 Iron Butterfly Index trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$405.94
Middle Line (EMA 20)
$401.96
Lower Channel
$397.99
Squeeze Status
No Squeeze

Takeaway:CBOE S&P 500 Iron Butterfly Index trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index77.04Bullish, price momentum strongly favors buyers.

Overall Takeaway:^BFLY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of CBOE S&P 500 Iron Butterfly Index (INDEX: ^BFLY), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:CBOE S&P 500 Iron Butterfly Index currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ