Cci is a homeopathic indicator. Used to measure whether the stock price, foreign exchange or gold trading has exceeded the normal distribution. It is a special indicator of overbought and oversold. It fluctuates between great positive infinity and negative infinity, but it doesn't need to be centered on 0. This is also different from the change index values of great positive infinity and negative infinity.

What does cci mean?

It is first used to judge the futures market, and then used to judge the stock market, and it is widely used. Different from most technical analysis indexes invented only by stock closing price, opening price, highest price or lowest price, CCI index is a unique technical index, which introduces the definition of deviation between price and average interval of stock price in a fixed period of time, and especially emphasizes the role of absolute deviation of average stock price in stock technical analysis. CCI mainly plays a role in overbought and oversold areas, and it is relatively accurate to detect the sharp rise and fall of the market. Especially suitable for short-term stock trading in stock, foreign exchange, precious metals and other markets.