How to understand the stock K-line chart? The financial manager told you.
What do you think of the stock K-line chart? You should know that K-line theory originated in Japan and is the oldest technical analysis method. 1750 the Japanese began to analyze rice futures with yin and yang candles. K-line has the characteristics of image thinking that orientals are good at, and it is not as quantitative as the technical indicators obtained by deduction in the west, so subjective consciousness has the upper hand in application.
There are various K-charts of stocks, and the forms produced can be said to be varied. How to understand the stock K-line chart is an entry-level test for stock market investors. So how do you understand the K-line chart of stocks?
1, the daily K-line is drawn according to the four price points formed in the daily trend of stock price (index), namely, opening price, closing price, highest price and lowest price.
When the closing price is higher than the opening price, the opening price is lower than the closing price, and the rectangular column between them is drawn in red or hollow, which is called the positive line; The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price.
When the closing price is lower than the opening price, the opening price is lower than the upper closing price. The rectangular column between them is drawn with black or solid lines, which is called negative line. The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price.
2. 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 of many analysis software * also have important reference value.
3. According to the fluctuation range of opening price and closing price, K-line can be divided into extreme yin, extreme yang, small yin and small yang, middle yin and middle yang, and big yin and big yang. Their approximate fluctuation range.
The fluctuation range of extreme yin line and extreme yang line is about 0.5[%];
The fluctuation range of xiaoyin line and xiaoyang line is generally 0.61.5 [%];
Generally, the fluctuation range of Yinxian and Zhongyang lines is1.6-3.5 [%];
The fluctuation range of Yin Da Line and Dayang Line is above 3.6[%].
4. The formation process and different meanings of several typical one-day K-charts are explained in the following time-sharing chart with trading volume. The time-sharing chart records the trend of the stock price throughout the day. Different trends form different kinds of K-lines, but the same K-line has different meanings because of different stock price trends.
First, Xiao Yangxing:
The stock price fluctuated very little throughout the day, and the opening price was very close to the closing price, which was slightly higher than the opening price. The appearance of Xiaoyangxing shows that the market is in a chaotic stage, and the market outlook is unpredictable. At this time, we should make a comprehensive judgment according to the shape of its early K-line combination and the price range at that time (see the introduction of "doctor" K-line combination).
B, small Yin star:
The time-sharing chart of Xiaoyinxing is similar to Xiaoyangxing, but the closing price is slightly lower than the opening price. Explain that the market is weak and the development direction is unknown.
C, xiaoyang line
Its fluctuation range is small, the positive star increases, and the bulls have the upper hand slightly, but the upside is weak, indicating that the market development is chaotic.
One day, the stock price was sideways, and the volume dropped suddenly at the end of the session, indicating that one sky finally occupied the dominant position in the battle, and it was more likely to open lower the next day.
If the stock price goes out of the wave-by-wave decline as shown in the figure, it means that the empty side is cheap, many parties are unable to resist, the stock price is gradually lower, and the market outlook is bearish.
What do you think of the stock K-line chart? First of all, when opening, we should look at the stock price and trading volume of call auction to see whether it is high or low, that is, compared with yesterday's closing price, the price is high or low. It expresses the will of the market and expects the stock price to go up or down today. The size of trading volume indicates the number of participants, which often has a great influence on the activity of trading in a day. Then look at the direction of the stock price change in half an hour.
D, hang Yang line
If there is a hanging line in the low-priced area, as shown in the figure,
The stock price shows that the trading volume shrinks during the bottoming process. With the gradual rise of the stock price, the trading volume will enlarge the situation evenly and finally close at the positive line, indicating that the stock price in the market outlook is bullish.
If there is a hanging line in the high-priced area and the stock price goes out of the shape shown in the figure, it may be that the main force is pulling the boat, so friends need to pay attention.
E, the lower shadow line Yang line
Its appearance shows that the multi-party attacks in the long-short battle are calm and powerful, and the stock price falls first and then rises, and the market has the potential to rise further.
Q, bareheaded and barefoot Yinxian
This line type is usually called variable cross star. Whether it appears in the high-priced area or the low-priced area, it can be regarded as a top or bottom signal, indicating that the general trend is about to change its original direction.
Bald shadow line
If this line appears in the low-priced area, it shows that the intervention of bargain-hunting makes the stock price rebound, but the strength is not great.
O. Shadow, shadow cross and T-line:
Any one of these three linetypes appears in the low-priced area, which indicates that the next gear has strong bearing capacity and the stock price may rebound.