1.k-line chart This chart originated from the Tokugawa shogunate era in Japan. It was used by businessmen in Japanese rice market at that time to record the market and price fluctuation of rice market, and later it was introduced into stock market and futures market because of its ingenious and unique plotting 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. 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.
2. Drawing method of K-line chart: First, we find out the highest price and lowest price of the day or a certain period of time, and connect them vertically into a straight line; Then find out the opening price and closing price of the day or a certain period of time and connect the two prices into a long and narrow rectangular column. If the closing price of the day or a certain period of time is higher than the opening price (that is, lower prices and higher prices), we will indicate it in red or leave a blank on the column, which is called "positive line". If the closing price of the day or a certain period of time is lower than the opening price (that is, high opening and low going), we will use green to indicate it, or paint the column black, and this column is the "negative line".
3. The special form of K-line chart:
(1) Crosshair: the name of the candlestick line that can provide its own information and has many important patterns. When the opening price and closing price of the market are equal, the candle body is the smallest, which makes it odd.
(2) Hammerhead shape: the price pattern of candlestick chart appears after the opening, the market transaction price first falls, and then rises on the same day, and the closing price is higher than or close to the opening price. This pattern forms a hammerhead candlestick.
(3) Inverted hammer head: After the price pattern in the candlestick chart appeared, the market transaction price rose obviously, but then fell. At the close, there is a small negative line or a small positive line with a long shadow line, indicating that the market price pressure is high and cannot rise. If this pattern appears continuously, it can be used as a signal to judge the adjustment or even turning point of the market direction.
(4) Meteor: a candlestick reflecting reversal. Before the stock price was high, the candles were big. The opening price on the day of the meteor phenomenon (usually) will be higher than the closing price of the previous day, and then the stock price will climb to a high point, but finally close at a price lower than the opening price.
(5) tombstone: the gap between the opening price and the closing price of the previous trading day. It will hit a new high, and then lose its strength to close near the lowest price, which is a bear market momentum. The opening price of the entity below the shooting star in the next trading day will confirm the reversal of the trend. If the opening price and closing price are the same, the indicator is considered as a tombstone. Tombstone Dodge is more reliable than meteor mode.