OpenBB/website/content/platform/reference/technical/cci.md

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cci	Learn about the Commodity Channel Index (CCI) and how it can be used to detect market trends, overbought or oversold conditions, and price divergence. This documentation provides an overview of the CCI, its parameters, and its calculation, along with an explanation of the CCI data it returns.	Commodity Channel Index CCI market trends trading range overbought oversold price divergence price correction data index column length scalar CCI calculation CCI data

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Calculate the Commodity Channel Index (CCI).

The CCI is designed to detect beginning and ending market trends. The range of 100 to -100 is the normal trading range. CCI values outside of this range indicate overbought or oversold conditions. You can also look for price divergence in the CCI. If the price is making new highs, and the CCI is not, then a price correction is likely.

Examples

from openbb import obb
# Get the Commodity Channel Index (CCI).
stock_data = obb.equity.price.historical(symbol='TSLA', start_date='2023-01-01', provider='fmp')
cci_data = obb.technical.cci(data=stock_data.results, length=14, scalar=0.015)
obb.technical.cci(length=2, data=[{'date': '2023-01-02', 'open': 110.0, 'high': 120.0, 'low': 100.0, 'close': 115.0, 'volume': 10000.0}, {'date': '2023-01-03', 'open': 165.0, 'high': 180.0, 'low': 150.0, 'close': 172.5, 'volume': 15000.0}, {'date': '2023-01-04', 'open': 146.67, 'high': 160.0, 'low': 133.33, 'close': 153.33, 'volume': 13333.33}, {'date': '2023-01-05', 'open': 137.5, 'high': 150.0, 'low': 125.0, 'close': 143.75, 'volume': 12500.0}, {'date': '2023-01-06', 'open': 132.0, 'high': 144.0, 'low': 120.0, 'close': 138.0, 'volume': 12000.0}])

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Parameters

Name	Type	Description	Default	Optional
data	List[Data]	The data to use for the CCI calculation.		False
index	str, optional	Index column name to use with data, by default "date".		False
length	PositiveInt, optional	The length of the CCI, by default 14.		False
scalar	PositiveFloat, optional	The scalar of the CCI, by default 0.015.		False

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Returns

OBBject
    results : List[Data]
        The CCI data.