Many investors who have just entered the stock market are often confused when learning to read time-sharing charts. Why is there only one price, but there are two lines: one yellow and one white? What do these two lines mean? What's the difference and connection?

What do the white lines and yellow lines on the time-sharing diagram represent respectively?

1 market time-sharing line

1, white line: indicates the weighted index of the market, which is often referred to as the real index point of the market published by the stock exchange every day. For example, the 3300-point mark that investors often shout is based on the white line.

2. Yellow line: the market does not contain weighted indicators, that is, regardless of the size of the stock sector, the impact of all stocks on the index is regarded as the same and the market index is calculated.

Simply put, the white line represents the price trend of heavyweights, such as China Construction Bank, Industrial and Commercial Bank of China, China Petroleum and other blue-chip stocks. The yellow line represents the price trend of some small and medium-sized stocks.

How to judge:

1. When the market index rises, the yellow line is above the white line, indicating that the stocks with smaller circulation (theme stocks, small and medium-sized enterprises) have larger gains, better gains and stronger positions; On the contrary, the yellow line is below the white line, indicating that small-cap stocks are weaker than large-cap stocks.

2. When the market index falls, the yellow line is above the white line, indicating that the stocks with smaller circulation are stronger than the stocks with larger circulation, and there may be opportunities in the market outlook; On the contrary, stocks with small plates have fallen much more than stocks with large plates, indicating that they are weak and the market outlook is not optimistic. Be careful.

2 stock time-sharing line

1, white line: indicates the real-time trading price of the stock.

2. Yellow line: it represents the average price of the stock in real time, that is, the total turnover of the day divided by the total number of shares traded.

How to judge:

1, the white line is above the yellow line, indicating that the stock has broken through the average price at this time, with good gains, relatively strong and bullish; On the contrary, the white line is below the yellow line and falls below the moving average, so it is relatively weak and bearish.

2. The white line is close to (or stepping back on) the yellow line, and the matching amount can be enlarged, indicating that there is a chance for stocks to rise sharply at this time; When the white line keeps rising away from the yellow line, it may fall back.