Stochastic %K (period 14)Momentum

Timeframe M1 · unit pts

What it measures

The stochastic %K locates the current close within the high-low range of the last 14 bars and expresses it as a percentage. Here it is shifted by −50 so that 0 means 'exactly in the middle of the 14-bar range'.

How Janira reads it (bullish vs bearish)

A reading of +40 (raw K = 90) means the close is near the top of the 14-bar range - buyers have pushed price close to the recent high. A reading of −40 (raw K = 10) means the close is near the bottom. A reading near 0 means price sits at mid-range.

In plain language

Imagine a ruler showing how far the last price is from the recent low versus the recent high. At +50 (top) the market closed at its highest in 14 bars; at −50 (bottom) at its lowest; at 0 it closed exactly in the middle.

Scenarios

Reading above +30 (raw K > 80): price closed near the top quarter of its 14-bar range. Buyers have been dominant enough to push the close toward recent highs.
Reading between −10 and +10 (raw K 40-60): price closed near mid-range - neither extreme, signalling no clear directional momentum from a range perspective.
Reading below −30 (raw K < 20): price closed near the bottom of its 14-bar range, showing that selling pressure drove price toward the recent low.
%K crossing zero from below: price just moved from the lower half to the upper half of its range - a relative shift of control from sellers to buyers within the recent window.

More momentum indicators

Relative Strength Index (RSI-14)Relative Strength Index (RSI-7)Stochastic %D (3-period smooth of %K-14)Stochastic RSI (period 14)Commodity Channel Index (CCI-20)Williams %R (period 14)Rate of Change (ROC-12)Momentum (10-bar price difference)

Janira computes Stochastic %K (period 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.