Is Cboe 1-Year Implied Correlation Index (INDEX: ^COR1Y) stock a buy or sell right now?

Based on current technicals, ^COR1Y on the INDEX carries an overall sentiment of Neutral, with a Neutral signal.

What is Cboe 1-Year Implied Correlation Index's (INDEX: ^COR1Y) RSI?

^COR1Y on the INDEX has an RSI (14) of 55.25, indicating bullish momentum.

What does MACD indicate for ^COR1Y on the INDEX?

^COR1Y's MACD on the INDEX is -0.11 (Bullish), signaling bullish momentum with buyers in control.

What are Cboe 1-Year Implied Correlation Index's (INDEX: ^COR1Y) key support and resistance levels?

On the INDEX, ^COR1Y shows support near $12.07 and resistance near $13.81, based on its Bollinger Bands.

Cboe 1-Year Implied Correlation Index (^COR1Y) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^COR1Y●INDEX

$13.88

$0.78(5.95%)

U.S. Market opens in 2h 23m

^COR1Y Technical Analysis Summary (INDEX)

Cboe 1-Year Implied Correlation Index (INDEX: ^COR1Y) stock currently shows a neutral trend on the INDEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 55.25)

Trend Strength:Weak (ADX: 17.47)

Volatility:High (ATR: 1.12)

Support/Resistance:$12.07 – $13.81 (Bollinger Bands)

Technical conditions suggest Cboe 1-Year Implied Correlation Index on the INDEX is awaiting a decisive move. This mix signals that Cboe 1-Year Implied Correlation Index is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.25

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 44.96

Neutral

Mid-range signal with no clear trend.

Williams %R: -20.00

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 9.25

Strongly Bullish

Strong upside momentum.

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

Trend & Volatility

MACD: -0.11

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 17.47

Weak

Weak trend, market trading sideways.

ATR (14): 1.12

Low

Low volatility, stable price action.

CCI (14): 147.58

Bearish Risk

Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators

Bollinger Bands

Upper Band

$13.81

Middle Band (SMA 20)

$12.94

Lower Band

$12.07

Current Position

Above Upper Band

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

Keltner Channels

Upper Channel

$15.38

Middle Line (EMA 20)

$13.13

Lower Channel

$10.89

Squeeze Status

Squeeze On

Takeaway:Cboe 1-Year 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 Index50.42Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^COR1Y shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary

Based on the current technical analysis of Cboe 1-Year Implied Correlation Index (INDEX: ^COR1Y), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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-Year Implied Correlation Index are mixed, suggesting a Hold or wait-and-see approach.