The yellow line represents the time-sharing moving average, and the blue line (white line) represents the real-time stock price. Yellow curve: The market does not include weighted indicators, that is, the market index is calculated by considering all stocks to have the same impact on the index, regardless of the size of the stock plate.

Referring to the mutual positions of the white and yellow curves, we can know:

A. When the market index rises, the yellow line is above the white line, which means that stocks with smaller circulation stocks have increased more. ; On the contrary, if the yellow line is below the white line, it means that small-cap stocks lag behind large-cap stocks.

B. When the market index falls, the yellow line is above the white line, which means that stocks with a smaller market share have fallen less than stocks with a larger market share; conversely, stocks with a smaller market share have fallen more than stocks with a larger market share.

Extended information:

The K-line chart originated from Budena, Japan, and was used by merchants in the Japanese tea market to record the market and price fluctuations of tea. Later, it was introduced to the stock market and futures market because of its delicate and unique marking method. This kind of chart analysis method is particularly popular in my country and even in Southeast Asia. Because the shape of the chart drawn by this method is quite like a candle, and these candles are black and white, it is also called a Yin and Yang line chart.

Baidu Encyclopedia-Stock K-line chart