CCI Divergence Technical Indicator
CCI indicator is one of the oftenly used divergence indicator. This indicator is an oscillator similar to the RSI and it can be used to trade divergence setups just the same way as the RSI indicator.
CCI Technical Analysis & CCI Trade Signals
Commodity Channel Index measures the variation of a commodity price from its statistical mean ( statistical average ).
CCI indicator is an oscillator which oscillates between high levels & low levels
When the Commodity Channel Index is high it displays that price is unusually high when it is compared to its average.
When the Commodity Channel Index is low it displays that price is unusually low when it is compared to its average.
CCI Divergence Indicator
CCI Divergence Technical Indicator
CCI Bullish Divergence Setups
Classic Commodity Channel Index Bullish Trading Divergence Setup
CCI classic bullish divergence setup occurs when price is forming lower lows ( LL ), but the CCI indicator is making higher lows (HL).
CCI Divergence Technical Indicator
CCI indicator classic bullish divergence warns of a possible reversal in the trend from downward to upward. This is because though the price headed lower the volume of the sellers that moved price lower was less as shown by the CCI technical indicator. This is an indicator of the underlying weakness of the down-wards trend.
Hidden Commodity Channel Index Bullish Trading Divergence
Forms when the price is making a higher low ( HL ), but the Commodity Channel Index indicator is showing a lower low (LL).
CCI hidden bullish divergence occurs when there's a retracement in an up wards trend.
Indices Hidden Bullish Divergence Setup
This setup confirms that a retracement move is exhausted. This CCI divergence setup shows underlying strength of an upward trend.
Bearish Divergence Setup
Hidden CCI Bearish Trading Divergence Setup
Forms when price is making a lower high ( LH ), but the indicator is showing a higher high ( HH ).
Hidden bearish divergence setup occurs when there a retracement in a down-ward trend.
Indices Hidden Bearish Divergence - CCI Divergence Technical Indicator
This setup confirms that a retracement move is exhausted. This divergence indicates the underlying strength of a downward trend.
CCI Classic bearish Stock Indices Divergence Setup
CCI classic bearish divergence setup occurs when price is showing a higher high ( HH ), but the CCI technical indicator is lower high (LH).
Indices Classic Bearish Divergence - CCI Divergence Technical Indicator
CCI indicator classic bearish divergence warns of a possible reversal in the trend from upward to downward. This is because though the price headed higher the volume of the buyers that moved price higher was less as illustrated by CCI indicator. This is an indicator of the underlying weakness of the up-wards trend.
