Stochastic RSI (period 14)Momentum

Timeframe M1 · unit pts

What it measures

The Stochastic RSI applies the stochastic formula to the RSI values themselves rather than to price. It locates the current RSI reading within the high-low range of RSI values over the last 14 periods and expresses it as a percentage, then shifts to 0-center.

How Janira reads it (bullish vs bearish)

A reading near +50 (raw StochRSI = 100) means the RSI is at the highest point it has reached in the last 14 bars - momentum on momentum. A reading near −50 (raw = 0) means the RSI is at its 14-bar low. Near 0 = RSI is in the middle of its own recent range.

In plain language

The standard RSI tells you whether price moved up or down; StochRSI tells you whether the RSI's own value is historically high or low. It is the 'oscillator of an oscillator' - sensitive to turning points in momentum before they show up in price.

Scenarios

• Reading near +45 to +50 (raw StochRSI near 95-100): the RSI is close to its recent peak - momentum itself is at an extreme, not just price.
• Reading crossing from negative to positive: the RSI value has moved from the lower half to the upper half of its recent range - a potential shift from weakening to strengthening momentum.
• Reading near −45 to −50 (raw near 0-5): the RSI is near its own 14-bar trough - a deep momentum trough, not just an oversold price.
• StochRSI diverges from RSI: StochRSI turns up while standard RSI-14 is still falling - momentum of momentum may be bottoming before the broader oscillator confirms.

More momentum indicators

Janira computes Stochastic RSI (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.