In the next trading day, a Yinzhong line or Yin Chang line will be opened, and its opening price and closing price are higher than the closing price and opening price of Yinxian line in the previous trading day. At a low level, it often means a market reversal.
The forms of K-line chart can be divided into reverse form, arrangement form, gap and trend line. The post-K-line chart is introduced into the stock market and futures market because of its ingenious and unique drawing method. The drawing method of K-line chart in 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.
Extended data:
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.
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.
Baidu Encyclopedia -K-line chart