1, clinch a deal one by one, and the data format generally displayed is how many lots were clinched at what price in a few minutes and seconds. It should be noted here that the number of transactions is sometimes decimal, because the number of stocks bought is at least 100, and the number of stocks entrusted should be an integer multiple of 100, but there is no limit on selling, so the number of transactions will be decimal. One more thing, if the transaction price and the number of lots are not displayed in front, half is the default 1.

2. Time-sharing transactions generally show the data format of how many hands are traded at what price in a few minutes and seconds. It should be noted here that the number of transactions is always an integer, and there will be no decimal places. The cumulative number of hands is the total number of hands. The total number of lots is also called turnover. Some softwares are marked with blue S and red B after the current quantity, with the former representing selling and the latter representing buying. At present, there are secondary market data in the market, which represents great wisdom. It is called time-sharing transaction here, which is actually the "detailed transaction details" we see on the general analysis software F 1, but it is different from the transaction details provided by the secondary market data.

A lonely number is meaningless, but some continuous numbers are full of imagination. Generally speaking, the fewer transactions, the greater the amount, indicating that the transaction is relatively strong, and vice versa. Especially when the number of transactions is relatively large and concentrated, it shows that there are signs of active funds, and the probability of price changes of the stock is large, which should attract investors' attention. And if no one buys for a long time or some small orders are trading, it is unlikely to become a good stock at least in the short term.

4. Three-dimensional elements of transaction data-quantity, price and transaction times. No stranger is the first two strokes, and the number of strokes is the transaction batch. On the premise of a certain number, a small number of transactions means a strong transaction, and vice versa. The change of the number of transactions is consistent with the direction of the number, and the transaction is normal, otherwise it is abnormal.

5. Basic knowledge of time-sharing graph. Time-sharing chart refers to the dynamic real-time time time-sharing trend chart of the market and individual stocks, which plays an extremely important role in actual combat judgment and is a direct and fundamental method to grasp the transformation of long and short power, that is, market changes. Here, let me first introduce you to the basic conceptual knowledge.

Real-time time-sharing chart of market index:

1)? White curve: the weighted index representing the market, that is, the actual market index published by the stock exchange every day.

2)? Yellow curve: the market does not contain weighted indicators, that is, regardless of the size of the stock sector, all stocks are regarded as having the same impact on the index to calculate the market index.

Referring to the mutual position of the white and yellow curves, we can know that: a) when the market index rises, the yellow line is above the white line, indicating that the stocks with smaller circulation have a larger increase; On the contrary, the yellow line is below the white line, indicating that small-cap stocks lag behind large-cap stocks. B) When the market index falls, the yellow line is above the white line, indicating that there are fewer stocks with smaller circulation than those with larger circulation; On the other hand, small stocks fell more than large stocks.

3)? Red-green column line: there is a red-green column line near the red-white curve, which reflects the buying and selling ratio of all stocks in the real-time market. The shortening of the growth of the red bar indicates the increase or decrease of purchasing power; The shortening of the growth of the green column line shows the strength of downward selling.

4)? Yellow bar line: below the red and white figure, it is used to indicate the turnover per minute, and the unit is hand (each hand is equal to 100 shares).

5)? Number of entrusted selling lots: represents the sum of the lots of all stocks in the last three orders of buying and selling.

6)? Commission proportion value: it is the ratio of the difference between the number of commission sales hands and the sum of the two. When the commission ratio value is positive, it means that the buyer is stronger and the stock index is more likely to rise; When the commission ratio is negative, it means that the seller is stronger and the stock index is more likely to fall.

Real-time time-sharing chart of individual stocks: 1)? White curve: indicates the real-time trading price of the stock.

2)? Yellow curve: indicates the average price of the stock in real-time trading, that is, the total transaction amount of the day divided by the total number of shares traded.

3)? Yellow bar line: below the red and white figure, it is used to indicate the turnover per minute.

4)? Transaction Details: The transaction details are displayed at the lower right of the disk, showing the dynamic price and quantity of each transaction.

5)? Outer disk and inner disk: outer disk is also called active buying, that is, the cumulative volume of transaction price at the time of selling price; Active selling in the market, that is, the cumulative volume of transactions at the purchase price. The outer disk reflects the buyer's wishes and the inner disk reflects the seller's wishes.

6)? Volume ratio: refers to the ratio of the total number of lots sold on that day to the average number of lots sold recently. The specific formula is: current total lots/((average total lots on the 5th day /240)* opening minutes). The volume ratio indicates the recent increase or decrease of volume at this time. A value greater than 1 indicates that the total number of transactions has been enlarged, while a value less than 1 indicates that the total number of transactions has been reduced.

K-line analysis in actual combat must be combined with real-time time time-sharing chart analysis in order to truly and reliably understand the language of the market and understand the mystery of stock price changes on the disk. The morphological neckline figure in K-line morphological analysis and the analysis method and principle of wave angular momentum are also applicable to real-time dynamic time-sharing trend chart analysis, and the specific practical judgment skills will be discussed in another article.

6. The so-called "zero shares" means less than 100 shares (the smallest trading unit).

According to the trading rules, during the normal trading hours of each trading day, investors can entrust to sell zero shares, but they cannot entrust to buy zero shares.

So how is the "zero share" formed? The first possibility is that "zero shares" will be generated after the stock is sent, allotted and transferred to allotment. For example, an investor originally owned Nanjing Chemical Fiber [l]600889[/l] 1500 shares, and the distribution scheme is to send 3 bonus shares for every 10 share, then 450 bonus shares can be distributed, and the investor now owns 1950 shares; Another possibility is that because it is allowed to sell zero shares on a commission basis, it is completely possible to sell zero shares. For example, Lujiazui [l]600663[/l] sold 3680 shares and bought 5200 shares at the price of 16.3 1 yuan/share. In accordance with the principle of "price first, time first", the buyer of this share paid 16.3 1 yuan/share. Then the stock price rose, exceeding the original price of 6.3 1 yuan/share, and did not fall back to the price of 16.3 1 yuan/share at the close. Therefore, the investor still has 520 shares that cannot be traded.

The so-called zero-share consignment sale is explained by a simple example: if an investor holds a stock 170 shares and 70 shares are zero shares, then the investor can sell 170 shares at one time; Either sell 100 shares before selling 70 shares, or sell 140 shares before selling 30 shares. If an investor holds 500 shares of a stock and has no zero shares, at this time, he can still split it into zero shares and sell it. He can sell 350 shares first and then 150 shares. In short, investors can entrust the sale of zero shares under any circumstances.

7. Opening price, closing price, highest price and lowest price.

The opening price, also known as the opening price, refers to the transaction price of the first transaction of a security after the stock exchange opens every trading day.

Most stock exchanges in the world adopt the principle of maximum turnover to determine the opening price. If a security has not been traded for a period of time (usually half an hour) after the opening of the market, the closing price of the previous day shall be taken as the opening price of the security on that day;

If a security has not been traded for several days in a row, the on-site intermediary broker of the stock exchange will put forward a guiding price according to the price trend of the securities entrusted by customers, making it the opening price after the securities are traded. In the intangible trading market, if a security has not been traded for several days in a row, the closing price of the previous day is taken as its opening price.

The closing price, also known as the closing price, usually refers to the final transaction price of a certain security on each trading day of the stock exchange.

If a security is not traded on the same day, the latest trading price is adopted as the closing price. For securities listed for the first time, the closing price is the average price publicly sold before listing. If the stock exchange opens the front and back markets every day, there will be a closing price in the front market and a closing price in the afternoon. Generally speaking, the closing price of the stock exchange in the afternoon is the closing price of the day. In China, Shenzhen Stock Exchange and Shanghai Stock Exchange, the determination of stock closing price is different. The closing price of Shenzhen Stock Exchange is the weighted average of all transactions in the last minute of each trading day, so the price of the last transaction is the closing price.

The highest price refers to the highest price of a security during the trading process from the opening to the closing of each trading day. If the transaction price of the securities has not changed on that day, the highest price is the immediate price; If the securities are suspended on that day, the highest price is the previous closing price. If the stock market adopts the daily limit system or the daily limit system, the maximum price shall not exceed the closing price of the previous market ×( 1+ maximum allowable increase ratio).

The lowest price refers to the lowest price of a security in the trading process from the opening to the closing of each trading day. If the securities are suspended on that day, the lowest price is the previous closing price. If the stock market adopts the daily limit system or the daily limit system, the lowest price shall not exceed the closing price of the previous market ×( 1- maximum allowable decline ratio).

In the securities press, we can often see the opening price, the highest price, the lowest price and the closing price in months or years, which are based on the four prices of the trading day. For example, the monthly opening price refers to the opening price of the first trading day of the month, and the monthly closing price refers to the closing price of the last trading day of the month, and the highest price and the lowest price are analogized. At this time, the historical highest price and historical lowest price are often used in the statistics of a certain securities price. The former refers to the highest transaction price since the listing of securities, while the latter refers to the lowest transaction price since the listing of securities.

8. Judging the main trend from the transaction.

The main trading techniques can generally be shown in the volume: the bottom volume is a sign that the market is about to rise, and the top volume indicates that the market is about to pull back; In the process of rising, the heavy volume shows that there is still room for growth, and the heavy volume of falling has not been adjusted in place; Rising and shrinking means lack of motivation, and there is the possibility of callback at any time. Falling and shrinking means lack of motivation. These are easy to observe from the daily trading volume, but the change of daily trading volume can better find the banker's intention, which is also difficult to judge. According to the recent changes of Tianjin Port (6007 17), let's talk about some personal views.

Tianjin Port got rid of consolidation from June 5438+065438+1October 5 last year, and the intraday trading volume changed from June 5438+065438+ 10/2. From the price list, the number of shares displayed at the three prices of buying price and selling price is not much, but the number of installment transactions is very large, and a large order of several hundred thousand in the session can smash the stock price. Then it was quickly pulled up. At that time, the price was around 12. 10 yuan, and the number of shares to be traded at each price was only a few thousand. Obviously, hundreds of thousands of shares traded in 1 1.70 yuan were pre-buried, and this happened several times in the intraday trading, and the trading volume was very large. This practice makes the K-line chart of the day break through the moving average system and the tail. The trading volume of the day hit a recent one, but the closing price of the day only rose by 0. 12 yuan compared with the previous day. From this change, it can be judged that the main force of the day is not in a shock position. If there is no embedded order under the earthquake warehouse, this practice will make Tianjin Port difficult to be noticed in the price list of the day, and the main force has achieved its intention to prevent retail investors from grabbing too many chips at the low position. This also happened at the beginning of the launch of environmental protection stocks?

10, the transaction number analysis is based on the number of transactions, the number of transactions, to understand the gathering and dispersion of popularity, and then to judge the possible trend of stock prices due to changes in popularity. The application is as follows:

A. When the stock price is high, there are many transactions and the stock price falls, which is a selling opportunity.

B. When the stock price is low, the number of transactions is enlarged, and the stock price rises, and there is still a rising band.

C. When the stock price is low, the number of transactions shrinks, indicating that it is about to reverse and it is the time to intervene.

E. transaction number analysis is not applicable to short-term operation.

1 1, the number of transactions per transaction is the average transaction volume/the number of transactions per transaction, which is an effective method to measure whether large households enter the market to buy and sell stocks. From the change of the number of lots in each transaction, we can analyze the short-term change of stock price.

A. Number of lots per transaction = number of transactions/number of transactions.

B. An increase in the number of lots indicates a large transaction volume, while a decrease in the number of lots indicates that most of the participants are small retail investors.

C. In the falling market, the number of lots per lot gradually increased, indicating that there are big buyers, and the stock price may stop falling in recent days.

D. In the rising market, the number of lots per lot is gradually increasing, which indicates that the stock price of large-scale shipment in recent days may stop falling and rebound.

E, in the rising or falling market, the quantity of each lot has not changed significantly, indicating that the market will continue for some time.

F, at the end of a big market, when entering the market, the number of each hand is very small, and there is no big change, indicating that large households are watching.