Commodity Channel Idx

The Commodity Channel Index (CCI) is a momentum indicator that measures the current price of a stock in relation to its average price over a period of time (typically 20 days).

The CCI calculation starts by taking the average of the high, low and close price over set period. In the case of a 20-day CCI, it would then subtract the 20-day moving average.

The precise formula is: Typical Price - Moving Average of Typical Price / (0.015 x Mean Deviation)

f8ee75b005d2ce2befe0806f4758cb5155e83cc41579013759.png


In the majority of cases, the CCI value will range from -100% to 100% and can be used to generate buy and sell signals. The CCI settings modal offers customisable ‘overbought’ and ‘oversold’ levels. By default, these are set to +100 for overbought and -100 for oversold.

A subscription to Stockopedia will be one of the best investments you'll ever make...

Here's what you'll get:
A decade of research into what works in stock markets
Millions of pounds of platform investment
Countless hours of research time saved
Access to hundreds of educational articles and ebooks
Over 30 talented professionals working flat out for you
A team of the very best bloggers acting as mentors
Saving you thousands in advisory fees every year
Stockopedia is the perfect solution for the time-poor individual investor looking for results
Starting at less than £21 per month

After your free trial, plans start at less than £21 per month. With a one month money back guarantee, there's no risk.

© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.