Commodity Channel Index (20) measures the deviation of price from its statistical mean. CCI is unbounded, but readings above +100 suggest overbought and below -100 suggest oversold conditions.
Parameters (20)
Overbought: >+100 — above normal range
Oversold: <-100 — below normal range
Interpretation
Overbought: CCI > +100 = strong upward momentum
Oversold: CCI < -100 = strong downward momentum
Neutral: CCI near 0 = price at statistical mean
Data refreshes periodically — not real-time
Trading Signals
Buy: CCI crosses above -100 (recovery)
Sell: CCI crosses below +100 (weakening)
Zero-line cross confirms the momentum shift
Price Overlay
Close Price: Daily closing price (right Y-axis)
CCI extreme + price reversing = divergence signal
CCI confirming price breakout = strong momentum
CCI near zero + price trending = exhaustion likely