Commodity Channel Index (CCI-20)Momentum

Timeframe M1 · unit pts

What it measures

The CCI-20 computes how far the current typical price (average of high, low, close) is from the 20-bar moving average of typical prices, expressed in units of the mean absolute deviation scaled by the constant 0.015. It is always centered on 0.

How Janira reads it (bullish vs bearish)

Values between roughly −100 and +100 represent normal statistical variation. Readings above +100 signal that price has moved more than one standard deviation above the 20-bar average. Below −100, more than one standard deviation below. Extremes above ±200 are rare.

In plain language

The CCI answers: 'how unusual is today's price compared to the average of the last 20 bars?' A reading near 0 means 'perfectly normal'. Above 100 means 'unusually high'. Below −100 means 'unusually low'.

Scenarios

• Reading above +100: the current price is significantly above its 20-bar average typical price - well above normal statistical variation in this window.
• Reading between −80 and +80: price is within the normal fluctuation band of the last 20 bars - no unusual deviation from recent average.
• Reading below −100: price has dropped significantly below its 20-bar average typical price, placing it in historically unusual low territory for this window.
• CCI rising from below −100 back toward 0: an extreme negative deviation is being corrected as price reverts toward its recent average - the compression from the low extreme is unwinding.

More momentum indicators

Janira computes Commodity Channel Index (CCI-20) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.