The white curve represents the total market index published by the Shanghai Stock Exchange, that is, the weighted number. ? The yellow curve is a large-scale index without weight. No matter how many listed stocks are issued, the influence of all stocks on the Shanghai Composite Index is treated equally. ?

Referring to the relative position relationship between the white curve and the yellow curve, when the index rises and the yellow curve is above the trend of the white curve, it means that stocks (small stocks) with a small number of issues have a large increase, while when the yellow curve is below the trend of the white curve, it means that stocks (large stocks) with a large number of issues have a large increase. ?

When the index falls, if the yellow curve is still above the white curve, it means that the decline of small-cap stocks is smaller than that of large-cap stocks. If the white curve is above the yellow curve, it means that the decline of small-cap stocks is greater than that of large-cap stocks.

Extended data:

Precautions:

1, the positive line appears at the end of consolidation or the downward trend of stock price, and the stock price is likely to reverse upward. The negative line appears at the end of consolidation or the upward trend of stock price, and the stock price is likely to reverse downward. An extremely long shadow line appears, indicating that the buyer has strong support.

2. If this K-line appears at the end of the downward trend of the stock price, combined with a large volume, it indicates that the stock price may rebound; If this K-line appears at the end of the rising trend of the stock price or during the high consolidation period, combined with a large volume, it shows that the main force may be sold in the market and pulled at the end of the market, so we should pay attention to the timing of selling.

3. When there is an extremely long shadow line, it means that the seller is under pressure. Therefore, if this K-line appears at the end of the rising trend of the stock price, combined with a large volume, it means that the stock price may be difficult to break through for a while and will fall into consolidation or even fall back.

4. The crosshair can be regarded as an inverted signal. If this K-line appears at a high level of the stock price, the closing price of the next day is lower than that of the current day, indicating that the seller is stronger and the stock price may fall back. If this K-line appears at a low price, the closing price of the next day is higher than that of the same day, which means that the buyer is strong and the stock price may rise.

Baidu Encyclopedia -K-line chart