Composite Overbought/Oversold Score (14)Mean reversion

Timeframe M1 · unit norm

What it measures

A weighted composite of three momentum-range oscillators - RSI-14 (40%), 14-period Stochastic %K (35%), and 50-bar range position (25%) - normalized onto a common [-1, +1] scale. It synthesizes multiple overbought/oversold perspectives into a single signed score.

How Janira reads it (bullish vs bearish)

A value near 0 indicates that all three oscillators are near their neutral midpoints. A value above +0.5 means the composite reads overbought - the RSI, Stochastic, and range position all lean toward the upper extremes of their respective ranges. A value below -0.5 means the composite reads oversold. The score ranges from -1 (extreme oversold) to +1 (extreme overbought).

In plain language

Three different meters are each measuring whether the price seems 'too high' or 'too low' relative to recent activity. This indicator averages all three into one single gauge - positive means most meters are reading high, negative means most are reading low, and zero means they are all balanced.

Scenarios

Near 0 (±0.2): All three oscillators are near their midpoints. Balanced conditions - no consensus OB or OS signal from the composite.
Between +0.2 and +0.5: A moderate overbought lean. RSI, Stochastic, and range position are all tilted somewhat above their midpoints, but not at extreme readings.
Above +0.5 (composite overbought): Strong consensus across all three oscillators that price is in elevated territory relative to recent history. In mean-reverting instruments, this zone has historically been followed by consolidation or reversion more often than continuation.
Below -0.5 (composite oversold): Strong consensus that price is in depressed territory. The three oscillators together suggest the price has moved far enough from center to warrant attention from a reversion standpoint.

More mean reversion indicators

Z-score Close vs SMA-20 VWAP Deviation in Sigma Distance to SMA-20 in Std Deviations Percent Below 20-Bar Rolling High Percent Above 20-Bar Rolling Low RSI Extremity Score (14)Bollinger Band Stretch (20, 2σ)Mean Reversion Composite Score

Janira computes Composite Overbought/Oversold Score (14) 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.