Choppiness Index

The Choppiness index was created by Bill Dreiss and is used as a measure of the current state of a stock’s trend. There are lines placed on the Fibonacci levels of 31.8 and 61.8. Choppiness index values below the 31.8 level generally indicate a trending market, whereas, those above 61.8 indicate a choppy market.


This is a companion discussion topic for the original entry at https://www.optuma.com/kb/optuma/tools/price/choppiness-index