The yellow line generally represents the 10 moving average in the K-line chart of stock trading; The red line generally represents the 20-day moving average in the K-line chart of stock trading; The blue line generally represents the 60-day moving average in the K-line chart of stock trading.
Second, the K-line chart
The drawing of K-line chart of stock market and futures market includes four data: opening price, highest price, lowest price and closing price.
Take drawing the daily K-line as an example: first, determine the opening price and closing price, and draw the part between them into a rectangular entity. If the closing price is higher than the opening price, the K-line is called the positive line, which is represented by a hollow entity; conversely, it is called the negative line, which is represented by a black entity or a white entity. Many softwares can use colored entities to represent negative and positive lines. In the domestic stock and futures markets, red is usually used to represent the positive line and green is used to represent the negative line. Connect the highest price and the lowest price with the entity respectively with thin lines. The line between the highest price and the entity is called upper shadow line, and the line between the lowest price and the entity is called lower shadow 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 drawn by the opening price of the first trading day of a month, the closing price of the last trading day, the highest price and the lowest price of the whole month. Weekly K-line and monthly K-line are often used to judge the mid-term market.
Second, the line type of K line
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 general fluctuation ranges are as follows:
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 0.6-1.5%;
The fluctuation range of Yinzhong Line and Zhongyang Line is generally1.6-3.5%;
The fluctuation range of Yin Da Line and Dayang Line is above 3.6%.