1. How about the K-line chart of international crude oil futures?
The daily K-line chart of international crude oil futures is determined by four prices: opening price, highest price, lowest price and closing price. The highest point of the upper lead is the highest price, and the lowest point of the lower lead is the lowest price. The intermediate entity part consists of opening price and closing price, which is divided into positive line and negative line. Positive line (red K line): the closing price is higher than the opening price, the lower edge of the entity is the opening price, and the upper edge of the entity is the closing price. Yinxian (green or light blue K line): the closing price is lower than the opening price, the lower edge of the entity is the closing price, and the upper edge of the entity is the opening price.
2. What is the K-line chart of the stock market?
K-line chart originated from Tokugawa shogunate era in Japan, and was used by businessmen in Japanese rice market at that time to record rice market prices and price fluctuations. Later, it was introduced into the stock market and futures market because of its exquisite and unique drawing method. At present, this chart analysis method is particularly popular in China and even the whole Southeast Asia. Because the chart drawn in this way looks like candles, and these candles are black and white, it is also called yin-yang line chart. Through the K-line chart, we can completely record the daily or periodic market performance. After a period of trading, the stock price will form a special region or form on the chart, and different forms show different meanings. We can explore some regular things from these morphological changes. The forms of K-line chart can be divided into reverse form, arrangement form, gap and trend line.