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CBOE Crude Oil Volatility Index

^OVX•INDEX
$119.02
$-1.20(-1.00%)
U.S. Market opens in 47h 30m

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:Bullish to Bearish Risk (RSI: 79.19)
Trend Strength:Very Strong (ADX: 55.56)
Volatility:High (ATR: 8.78)
Support/Resistance:$25.40 – $126.52 (Bollinger Bands)

Overall, CBOE Crude Oil Volatility Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 79.19

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 91.21

Bearish
Overbought levels may trigger pullback.

Williams %R: -17.98

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 92.06

Strongly Bullish
Strong upside momentum.

Takeaway:CBOE Crude Oil Volatility Index shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 17.61

Bullish
Bullish, trend momentum is strengthening.

ADX: 55.56

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 8.78

Rising
Rising volatility, market activity increasing.

CCI (14): 84.17

Bullish
Bullish, momentum building upward.

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
$126.52
Middle Band (SMA 20)
$75.96
Lower Band
$25.40
Current Position
Within Bands

Takeaway:CBOE Crude Oil Volatility Index trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$101.52
Middle Line (EMA 20)
$83.96
Lower Channel
$66.39
Squeeze Status
No Squeeze

Takeaway:CBOE Crude Oil Volatility Index trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.39Neutral to Bullish, buyers 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.

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:CBOE Crude Oil Volatility Index currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ