Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

CBOE/NYMEX WTI VOLATILITY INDEX (NYMEX:OIV)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_OIV
Open High Low OIV Price Change
24.81 24.74 23.94 24.04 -0.77
Entry Signal

MarketClub’s Trade Triangles for OIV

long term up The long term trend has been UP since Feb 7th, 2018 at 28.77

intermediate term down The intermediate term trend has been DOWN since May 8th, 2018 at 25.53

short term down The short term trend has been DOWN since May 17th, 2018 at 25.54

Smart Scan Analysis for OIV

Based on a pre-defined weighted trend formula for chart analysis, OIV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for OIV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.81 24.74 23.94 24.04 -0.77
Prev. Close Volume Bid Ask Time
24.81 0 2018-05-24 14:29:38
52wk High46.4952wk High Date2017-06-07
52wk Low16.0252wk Low Date2018-02-01
Want to analyze CBOE/NYMEX WTI VOLATILITY INDEX OIV or another symbol? Try our Free Index Trend Analysis Report.