Rank Correlation Index (RCI)

RCI applies Spearman rank correlation to price and time: it ranks the closes of the last 9 bars by recency and by price and measures how well the two rankings agree. A market that closes higher every bar reads +100, one that closes lower every bar reads -100. Values above +80 indicate overbought, below -80 indicate oversold.

Live Demo

Pick a market regime to see how RCI(9) reacts:

Usage

import {RCI} from 'trading-signals';
 
// RCI yields results once 9 inputs have been added
const rci = new RCI(9);