? First of all, let's learn what a K-line chart is. The drawing of K-line chart of stock market and futures market includes four data: opening price, highest price, lowest price and 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, and you can also draw the weekly K-line chart and the monthly K-line chart.
It is based on the opening price, the highest price, the lowest price and the closing price of each analysis period. Take the daily K-line as an example, first determine the opening price and closing price, and draw the part between them into a rectangular entity. If the closing price is higher than the opening price, the K line is called the positive line, which is represented by a hollow entity. On the contrary, it is called a negative line and is represented by a black entity or a white entity.
In the domestic stock and futures markets, red is usually used to indicate the positive line and green is used to indicate the negative line.
Secondly, let's talk about "what is the right of restoration"? ? Generally, when using stock analysis software, the trend of K-line is coherent, but the gap caused by stock ex-rights does not appear, which is because of the use of re-rights!
The pre-reinstatement right is based on the current price, and we can clearly see the cost distribution, such as the relative highest price and lowest price, cost-intensive areas, and whether the current stock price is high or low. If technical analysis is carried out, it is best to use the former right of reply, so that the current price is the latest actual price, and the trend of the K-line moving average is continuous and does not affect the market.
? After the reinstatement, the price on the first day of listing remains unchanged. According to the price processed by dividend distribution data, the price on the last day will not be displayed as the actual transaction price, but the actual value of the stock and the actual rate of return of shareholders can be seen to increase. If it is a value investment, it is recommended to recover the right after use, so that the calculated rate of return is relatively correct and the query is more intuitive!
? Now we should know the significance of reinstatement. In fact, it is mainly to make the trend of K-line smoother and more coherent, which is convenient for analysis and research. Of course, some investors like to use graphics that have no right, which is based on personal habits!