STOXX50 Volatility Analysis 21-25 Nov 2022
STOXX50 Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index which is highly correlated with VOLATILITY INDEX for STOXX)
With this in mind, currently from ATR point of view we are located in the 2th percentile, while according to VDAX, we are on 4th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 2.8% movement
Bearish: 2.1% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 21.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 4050
BOT: 3800
Taking into consideration the previous weekly high/low, currently for this candle there is :
27% probability we are going to touch previous low of 3850
78% probability we are going to touch previous high of 3950
Lastly, from the technical analysis point of view, currently 80% of the weekly moving averages are in a bullish trend, and
a combination of moving averages and oscillators are in 40% bullish stance
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index which is highly correlated with VOLATILITY INDEX for STOXX)
With this in mind, currently from ATR point of view we are located in the 2th percentile, while according to VDAX, we are on 4th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 2.8% movement
Bearish: 2.1% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 21.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 4050
BOT: 3800
Taking into consideration the previous weekly high/low, currently for this candle there is :
27% probability we are going to touch previous low of 3850
78% probability we are going to touch previous high of 3950
Lastly, from the technical analysis point of view, currently 80% of the weekly moving averages are in a bullish trend, and
a combination of moving averages and oscillators are in 40% bullish stance
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🔻Blog: hercules.money/blog/
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