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| Definition | : | Commodity Channel Index |
| Category | : | Business » Trade |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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| Type | : |
Initialism
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Commodity Channel Index (CCI) is a popular technical indicator used in trading to identify potential trend changes in an asset's price. It was originally designed for use in commodity markets, but it is now commonly used in other markets as well, including stocks, futures, and currencies.
CCI measures the deviation of an asset's price from its statistical mean and provides signals of overbought or oversold conditions and potential trend changes. Traders use the CCI to determine potential buy or sell opportunities and to confirm trends in price movement.
The full form of CCI is Commodity Channel Index
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