Advertisement

Ads Placeholder
Loading...

CBOE Crude Oil Volatility Index

^OVX•INDEX
$93.14
$1.34(1.46%)
U.S. Market opens in 23h 7m

CBOE Crude Oil Volatility Index (^OVX) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^OVX Technical Analysis Summary

CBOE Crude Oil Volatility Index index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.03)
Trend Strength:Strong (ADX: 37.59)
Volatility:High (ATR: 7.52)
Support/Resistance:$78.80 – $119.26 (Bollinger Bands)

This mix signals that CBOE Crude Oil Volatility Index is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.03

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 19.07

Bullish
Oversold zone signals rebound potential.

Williams %R: -70.31

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -21.74

Strongly Bearish
Sharp downside momentum.

Takeaway:CBOE Crude Oil Volatility Index shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 5.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.59

Strong
Strong trend, momentum well established.

ATR (14): 7.52

High
High volatility, wide price fluctuations.

CCI (14): -0.20

Neutral
Neutral, no strong directional signal.

Takeaway:CBOE Crude Oil Volatility Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$119.26
Middle Band (SMA 20)
$99.03
Lower Band
$78.80
Current Position
Within Bands

Takeaway:CBOE Crude Oil Volatility Index trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$105.91
Middle Line (EMA 20)
$90.86
Lower Channel
$75.82
Squeeze Status
No Squeeze

Takeaway:CBOE Crude Oil Volatility 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 Index45.64Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of CBOE Crude Oil Volatility Index , 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.

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:Technical indicators for CBOE Crude Oil Volatility Index are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ