Is Cboe 1-Month Implied Correlation Index (INDEX: ^COR1M) stock a buy or sell right now?

Based on current technicals, ^COR1M on the INDEX carries an overall sentiment of Neutral, with a Neutral signal.

What is Cboe 1-Month Implied Correlation Index's (INDEX: ^COR1M) RSI?

^COR1M on the INDEX has an RSI (14) of 57.28, indicating bullish momentum.

What does MACD indicate for ^COR1M on the INDEX?

^COR1M's MACD on the INDEX is 0.00 (Bullish), signaling bullish momentum with buyers in control.

What are Cboe 1-Month Implied Correlation Index's (INDEX: ^COR1M) key support and resistance levels?

On the INDEX, ^COR1M shows support near $6.65 and resistance near $10.51, based on its Bollinger Bands.

Cboe 1-Month Implied Correlation Index (^COR1M) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^COR1M●INDEX

$10.83

$2.43(28.93%)

U.S. Market opens in 15h 31m

^COR1M Technical Analysis Summary (INDEX)

Cboe 1-Month Implied Correlation Index (INDEX: ^COR1M) stock currently shows a bullish trend on the INDEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 57.28)

Trend Strength:Strong (ADX: 31.82)

Volatility:High (ATR: 2.22)

Support/Resistance:$6.65 – $10.51 (Bollinger Bands)

Technical conditions suggest Cboe 1-Month Implied Correlation Index on the INDEX is awaiting a decisive move. Technical conditions suggest Cboe 1-Month Implied Correlation Index is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 57.28

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 35.87

Bearish

Momentum remains weak below midpoint.

Williams %R: -39.10

Bullish

Buying pressure building steadily.

Rate of Change (ROC): 35.28

Strongly Bullish

Strong upside momentum.

Takeaway:Cboe 1-Month Implied Correlation Index shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral

Neutral, momentum shows no clear direction.

ADX: 31.82

Strong

Strong trend, momentum well established.

ATR (14): 2.22

Medium

Medium volatility, healthy price movement.

CCI (14): 232.25

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Cboe 1-Month Implied Correlation Index shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$10.51

Middle Band (SMA 20)

$8.58

Lower Band

$6.65

Current Position

Above Upper Band

Takeaway:Cboe 1-Month Implied Correlation Index trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$13.36

Middle Line (EMA 20)

$8.92

Lower Channel

$4.48

Squeeze Status

Squeeze On

Takeaway:Cboe 1-Month 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 Index55.96Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^COR1M shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Cboe 1-Month Implied Correlation Index (INDEX: ^COR1M), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Cboe 1-Month Implied Correlation Index are mixed, suggesting a Hold or wait-and-see approach.