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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
$11.12
$0.09(0.82%)
U.S. Market opens in 16h 5m

^COR3M Technical Analysis Summary (INDEX)

CBOE Implied Correlation Index (INDEX: ^COR3M) stock currently shows a bullish trend on the INDEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.61)
Trend Strength:Strong (ADX: 30.17)
Volatility:High (ATR: 1.44)
Support/Resistance:$7.71 – $12.52 (Bollinger Bands)

Technical conditions suggest CBOE Implied Correlation Index on the INDEX is awaiting a decisive move. Overall, CBOE Implied Correlation Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 56.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.76

Neutral
Mid-range signal with no clear trend.

Williams %R: -45.97

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 10.52

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.50

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.17

Strong
Strong trend, momentum well established.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): 39.91

Bullish
Bullish, momentum building upward.

Takeaway:CBOE Implied Correlation Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.52
Middle Band (SMA 20)
$10.12
Lower Band
$7.71
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$13.10
Middle Line (EMA 20)
$10.21
Lower Channel
$7.32
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 Index70.91Bullish, price momentum strongly favors buyers.

Overall Takeaway:^COR3M shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of CBOE Implied Correlation Index (INDEX: ^COR3M), 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:Technical indicators for CBOE Implied Correlation Index are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ