What is a K-line chart:
The K-line chart was first used by rice merchants in Osaka during the Tokugawa shogunate era in Japan to record the fluctuation of rice prices for one day, one week or one month at that time, and then it was introduced into the stock market. K-line diagram is intuitive, three-dimensional and informative, and contains rich oriental philosophy. It can fully show the strength of the stock price trend, the change of the power contrast between buyers and sellers, and accurately predict the market outlook. It is a technical analysis method widely used in various media and computer real-time analysis systems. The recording method is as follows (as shown in the figure)
1, the daily K-line is drawn according to the four price points formed in the daily trend of stock price (index), namely, opening price, closing price, highest price and lowest price.
When the closing price is higher than the opening price, the opening price is lower than the closing price, and the rectangular column between them is drawn in red or hollow, which is called the positive line; The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price.
When the closing price is lower than the opening price, the opening price is lower than the upper closing price. The rectangular column between them is drawn with black or solid lines, which is called negative line. The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price.
2. According to the calculation cycle of K-line, it can be divided into daily K-line, weekly K-line, monthly K-line and annual K-line.
Weekly K-line refers to the K-line chart drawn with the opening price on Monday, the closing price on Friday, the highest price and the lowest price in the whole week. The monthly K-line is based on the opening price of the first trading day of a month, the closing price of the last trading day and the highest and lowest prices of the whole month. The definition of annual K-line can also be derived. Weekly K-line and monthly K-line are often used to judge the mid-term market. For short-term operators, the 5-minute K-line, 15-minute K-line, 30-minute K-line and 60-minute K-line provided by many analysis software also have important reference value.
3. According to the fluctuation range of opening price and closing price, K-line can be divided into extreme yin, extreme yang, small yin and small yang, middle yin and middle yang, and big yin and big yang. Their approximate fluctuation range (as shown in the figure).
The fluctuation range of extreme yin line and extreme yang line is about 0.5%;
The fluctuation range of xiaoyin line and xiaoyang line is generally 0.6-1.5%;
The fluctuation range of Yinzhong Line and Zhongyang Line is generally1.6-3.5%;
The fluctuation range of Yin Da Line and Dayang Line is above 3.6%.
4. The formation process and different meanings of several typical one-day K-charts are explained in the following time-sharing chart with trading volume. The time-sharing chart records the trend of the stock price throughout the day. Different trends form different kinds of K-lines, but the same K-line has different meanings because of different stock price trends.
A. xiaoyangxing:
The stock price fluctuated very little throughout the day, and the opening price was very close to the closing price, which was slightly higher than the opening price. The appearance of Xiaoyangxing shows that the market is in a chaotic stage, and the market outlook is unpredictable. At this time, we should make a comprehensive judgment according to the shape of its early K-line combination and the price range at that time (see the introduction of "doctor" K-line combination).
B. small yin star:
The time-sharing chart of Xiaoyinxing is similar to Xiaoyangxing, but the closing price is slightly lower than the opening price. Explain that the market is weak and the development direction is unknown.
C. xiaoyang line:
Its fluctuation range is small, the positive star increases, and the bulls have the upper hand slightly, but the upside is weak, indicating that the market development is chaotic.
D. hang the yang line:
If there is a hanging line in the low-priced area, as shown in the figure.
The stock price shows that the trading volume shrinks during the bottoming process. With the gradual rise of the stock price, the trading volume will enlarge the situation evenly and finally close at the positive line, indicating that the stock price in the market outlook is bullish.
If there is a hanging line in the high-priced area and the stock price goes out of the picture, it may be that the main force is pulling the boat, so you need to pay attention.
E. lower shadow line and positive line:
Its appearance shows that the multi-party attacks in the long-short battle are calm and powerful, and the stock price falls first and then rises, and the market has the potential to rise further.
F. Upper shadow line and positive line:
It shows that the upward pressure is heavy when attacking in many ways. This pattern is common in the main test action, indicating that there are more floating chips at this time, and the gains are not strong.
G. pierce one's head and feet:
The stock price goes out of the graph as shown in the figure, indicating that many parties have taken advantage of it and there are waves of rising prices. The stock price rose steadily with the cooperation of trading volume, indicating that the market outlook is bullish.
Similarly, if the stock price trend shows sideways or falling for most of the day, and the market suddenly rises, it indicates that it may open higher and then go lower the next day.
On the other hand, if the stock price fluctuates widely throughout the day, when the volume of the tail market rises and closes, it may be that the main force drove away the sedan chair passengers by oscillating the dishes that day, and then rose easily, and the market outlook may continue to be bullish.
H. Bald Yang and his party:
If there is a bald line in the low-priced area, the time-sharing chart will show that the stock price has risen wave after wave after wave, and at the same time, the volume has been enlarged, indicating the beginning of a round of rising market.
Refer to Wukong statement/news/20161kloc-0/4/84293.html for the above contents. Investment is risky, so you should be cautious when entering the market.
If it appears on the way to the rising market, it means that the market outlook continues to be optimistic. It means that the upward trend is very strong, but there are differences between long and short sides at high prices, so be cautious when buying.