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CBOE Implied Correlation Index

^COR3M•INDEX
$14.45
$0.28(1.98%)
U.S. Market is Open • 13:34

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

Comprehensive technical indicators and trading signals for informed investment decisions

^COR3M Technical Analysis Summary

CBOE Implied Correlation Index index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.35)
Trend Strength:Moderate (ADX: 23.97)
Volatility:High (ATR: 3.06)
Support/Resistance:$9.49 – $25.30 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 38.35

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.74

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.26

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.20

Strongly Bearish
Sharp downside momentum.

Takeaway:CBOE Implied Correlation Index shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.97

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.06

Medium
Medium volatility, healthy price movement.

CCI (14): -77.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:CBOE Implied Correlation Index shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.30
Middle Band (SMA 20)
$17.39
Lower Band
$9.49
Current Position
Within Bands

Takeaway:CBOE Implied Correlation Index trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$23.38
Middle Line (EMA 20)
$17.27
Lower Channel
$11.15
Squeeze Status
No Squeeze

Takeaway:CBOE Implied Correlation Index trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.22Neutral 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

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:CBOE Implied Correlation Index shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ