1. White is the 5-day line; The yellow one is the daily line10; Purple is the 20th day; The green one is the 30-day line; The blue one is the 60-day line.
2. Look at the 5-day line or 10 line in the short term and the 60-day line in the long term, but these are relative, that is to say, the skills are not absolute.
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. Can fully and thoroughly observe the real changes in the market. From the K-line chart, we can not only see the trend of the stock price (or market), but also understand the daily market fluctuation.
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.
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.
References:
Baidu Encyclopedia -K-line chart