Progressive Care Inc (RXMD)

[red13]

CCI is new to me, and I confess the formula is not intuitive to my pedestrian mind.

Typical Price - Simple Moving Average / 0.015 X Mean Deviation

E=MC2 is easier.

Where does 0.015 come from???? Wut's a typical price????

It isn't that hard to understand the Investopedia explanation of CCI, but how the formula was initially conceived lies beyond my freshman arithmetic classes.

RXMD's 14-day CCI of -61.83 is well shy of the -100 turn-up indicator. RSI is smackdab in the middle at 49.59.

Here's hoping tech indicators are less reliable than tea leaves, 'cause mine indicate an imminent inflection (to use Snupples' term). Chicken guts same, btw.

Anyway, thanks Wackamole. Fun stuff.