Operating environment: Huawei P30 Pro Tongdaxin 5.35) Specific modification method: (Take Tongdaxin software as an example): Click "Tools" - "System Settings" - "Appearance". K-line chart (Candlestick Charts) is also called candle chart, Japanese line, Yin and Yang line, bar line, red and black line, etc. The commonly used term is "K line". It is plotted as the opening, high, low and closing prices for each analysis period. The K-line chart is a type of technical analysis. It was first created by the Japanese in the 19th century. It originated from the rice market trading during the Tokugawa Shogunate era (1603-1867) in Japan in the 18th century. It is used to calculate the daily rise and fall of rice prices. , used by merchants in the Japanese rice market at that time to record the market conditions and price fluctuations of the rice market, including the opening price, closing price, highest price and lowest price. The white candlestick represents the rising market on that day, and the black candlestick represents the falling market. This kind of chart analysis method was particularly popular in China and even the entire Southeast Asia region at that time. Because the shape of the chart drawn by this method is quite like a candle, and these candles are black and white, it is also called a Yin and Yang line chart. Through the K-line chart, people can completely record the market performance of each day or a certain period. After a period of trading, the stock price will form a special area or pattern on the chart. Different forms show different meanings. Some regular things can be found from the changes in these forms. K-line chart patterns can be divided into reversal patterns, consolidation patterns, gaps and trend lines, etc. The post-K line chart was introduced to the stock market and futures market because of its delicate and unique marking method. The K-line chart in the stock market and futures market contains four data, namely the opening price, the highest price, the lowest price, and the closing price. All K-lines are centered around these four data, reflecting the general situation and price information. . If you put the daily K-line chart on a piece of paper, you can get the daily K-line chart. You can also draw the weekly K-line chart and the monthly K-line chart.
Analysis of shadow and shadow lines on K-line
As soon as the upper shadow and shadow lines open, buyers and sellers start a battle. The buyer has the upper hand and prices keep rising. However, when encountering the resistance of selling pressure at a high price, the seller organized a counterattack, and the buyer retreated steadily. Finally, at the lowest price, the seller had the advantage and gave full play to its power, causing the buyer to fall into a "hold-up" dilemma. There are still three specific situations:
(1) The negative entity is longer than the shadow line, which means that the buyer did not push the price up much, and immediately encountered a strong counterattack from the seller, pushing the price below the opening price. Take advantage of the victory and push the price down a lot. The seller is particularly powerful and the situation is favorable to the seller.
(2) The negative entity is equal to the shadow line, indicating that the buyer has pushed up the price, but the seller is stronger and takes the initiative. The seller has an advantage.
(3) The yin real body is shorter than the shadow line, which means that although the seller has lowered the price, it has less advantage. When entering the market tomorrow, the buyer's power may counterattack again, and the yin real body is likely to be captured.
If this kind of line pattern appears in the high price zone, it indicates that the upper selling pressure is serious, the market is weak, and the stock price may reverse and fall; if it appears in the middle price zone on the way up, it indicates that the market outlook is There is still room for improvement.