Free CBOE Volatility Index (VIX) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Hold Hold Hold
Last Update / Period
03 May / Daily
Category/Currency
Indexes/USD
Exchange/Country
WCB/--

CBOE Volatility Index (VIX) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of CBOE Volatility Index (VIX), considering 256 signals with intricate details. Here are the key findings: 26 signals suggested buy strategies, while 137 indicated sell strategies. The remaining 93 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 5
Sell Signals: 38
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 2
Sell Signals: 37
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 9
Sell Signals: 30
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 10
Sell Signals: 32
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 26
Sell Signals: 137
Neutral Signals: 93
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your CBOE Volatility Index (VIX) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for CBOE Volatility Index (VIX) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
CBOE Volatility Index (VIX) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
CBOE Volatility Index (VIX) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 6.18% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **CBOE Volatility Index (VIX)** holdings.

CBOE Volatility Index (VIX) Price Analysis and Support Levels:

In our current CBOE Volatility Index (VIX) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 22.04 We are closely monitoring the price at the first support level of 22.04, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 21.36 If the first support level at 22.04 is broken, the second support level at 21.36 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 20.88 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 20.88 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading CBOE Volatility Index (VIX). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

CBOE Volatility Index (VIX) technical analysis chart

CBOE Volatility Index (VIX) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 28.29 28.32 29.57 35.75 65.73
Support 22.04 21.36 20.88 20.42 15.44
 CBOE Volatility Index (VIX) Support and Resistance area (03 May)  CBOE Volatility Index (VIX) Support and Resistance area (03 May)

CBOE Volatility Index (VIX) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

CBOE Volatility Index (VIX) candlestick patterns on 03 May

Today's CBOE Volatility Index (VIX) Candle Patterns List:

Short Line Candle

CBOE Volatility Index (VIX) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Hold HoldHoldHoldHold
2 01 May Hold HoldHoldHoldHold
3 30 Apr Hold HoldHoldHoldHold
4 29 Apr Sell HoldHoldHoldSell
5 28 Apr Hold HoldHoldHoldNeutral
6 25 Apr Sell HoldHoldHoldSell
7 24 Apr Sell HoldHoldSellNeutral
8 23 Apr Sell HoldHoldNeutralNeutral
9 22 Apr Sell SellHoldNeutralHold
10 21 Apr Buy NeutralHoldNeutralBuy
11 17 Apr Sell HoldSellNeutralNeutral
12 16 Apr Hold HoldNeutralNeutralHold
13 15 Apr Neutral HoldNeutralHoldHold
14 14 Apr Hold HoldNeutralNeutralHold
15 11 Apr Sell SellHoldHoldHold
16 10 Apr Hold NeutralHoldHoldHold
17 09 Apr Hold NeutralHoldHoldHold
18 08 Apr Hold HoldHoldHoldHold
19 07 Apr Hold HoldHoldHoldHold
20 04 Apr Hold HoldHoldHoldHold
21 03 Apr Buy HoldHoldBuyHold
22 02 Apr Buy HoldHoldNeutralBuy
23 01 Apr Hold HoldHoldNeutralNeutral
24 31 Mar Hold HoldBuyNeutralNeutral
25 28 Mar Buy BuyNeutralNeutralNeutral
26 27 Mar Hold NeutralHoldHoldHold
27 26 Mar Hold HoldHoldHoldHold
28 25 Mar Hold HoldHoldHoldHold
29 24 Mar Sell HoldHoldHoldSell
30 21 Mar Hold HoldHoldHoldNeutral

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