In
technical analysis, a measure of how strong a
trend on a
commodity is. A high value on the CSI indicates that the current trend on a
security, whether upward or downward, is strong.
Investors use the CSI for
short-term commodity
trades. That is, if a CSI shows a strong upward trend, it is likely that rises will continue for the immediate future. However, using the CSI alone can be
risky, as it cannot show when a
reversal will take place.