The rising channel in the trend chart is also called the rising channel. When the market is in the rising channel, the daily K-line of the price runs in a banded region, and the overall trend is on the rise. The rebound highs of each band will be higher than the previous rebound highs, and the callback lows of each band will be higher than the previous lows. This trend can also be generally called shock upward, indicating a strong trend;

The downtrend channel in the trend chart is also called downtrend channel. When the market is in a downtrend channel, the daily K-line of the price runs in a belt-shaped region with a downward trend as a whole, and the low point of each callback will be lower than the previous low point, and the high point of reverse pumping will also be lower than the high point of the previous reverse pumping. This trend can also be generally called "shock downward", indicating that the trend is weak.

However, in practice, the ascending channel and descending channel often or may form a composite structure, that is, a large ascending channel may contain a small staged descending channel, while a large descending channel may contain a small staged ascending channel. Therefore, it is not appropriate to generalize or treat it simply.

Some bank stocks and China Petrochemical may have been at a low level and are consolidating at a low level.