1, turnover and turnover rate
After the daily limit of stocks, the trading volume of individual stocks is heavy, the active buying volume is less than the active selling volume, and the turnover rate is high. It may be that retail investors take advantage of the daily limit to buy and mainly ship. In this case, investors can consider selling their stocks; After the daily limit of the stock, the trading volume is very small and the turnover rate is low, indicating that the main force or buyer is optimistic about the stock and thinks that the stock will continue to rise and cherish the chips in their hands. At this time, investors can consider continuing to hold the stock.
2. Technical indicators
When the KDJ indicator or MACD indicator has a high dead fork after the daily limit of the stock, it is a selling signal, and investors can consider selling their stocks. On the contrary, when the KDJ indicator or MACD indicator shows a low gold cross after the daily limit of the stock, it is a buying signal, and investors can continue to hold the stock.
Daily limit-the highest daily limit of stock price on the trading day in the securities market is called daily limit, and the stock price at the time of daily limit is called daily limit price. Generally speaking, stocks that are sealed at the opening of the market have strong motivation. As long as the daily limit is not opened on the same day, there will still be upward momentum the next day. The stocks that were suddenly pulled to the daily limit at the end of the day will be suspected of shipping or cheating the next day. Be careful.
The China stock market is limited to 65,438+00% except for the A-share special treatment, and the upper limit of the day's price increase and decrease is 65,438+00%. Buying continues until the close, which is called the daily limit. ST stock price is set at 5%, and the daily limit is when it reaches 5%.
The daily limit means that the price stops rising that day, not stopping trading.
The current price limit system of China's securities market was promulgated on February 2003 1996 13, and implemented on February 26, 2006, aiming at protecting investors' interests, maintaining market stability and further promoting market norms. According to the regulations, except for the first day of listing, the trading price of stocks (including A and B shares) and fund securities in a trading day shall not exceed 10% compared with the closing price of the previous trading day (stocks starting with S, st and s*st shall not exceed 5%), and the entrustment exceeding the price limit shall be invalid.
The main difference between China's price limit system and foreign systems is that after the stock price reaches the price limit, it does not completely stop trading, and the trading within the price limit or the price limit can continue until the close of the day.
Increase the limit "
China's Shanghai and Shenzhen stock exchanges impose restrictions on the trading of stocks and funds, with the increase ratio of 10%, of which the increase ratio of ST shares and *ST shares is 5%. The formula for calculating the increase of stocks and funds is: increase = previous closing price ×( 1+ increase ratio), and the calculation result is rounded to the smallest unit of price change.
According to the provisions of the Shanghai Stock Exchange, in any of the following circumstances, there is no price limit on the first trading day:
(1) Initial public offering of listed stocks and closed-end funds;
(2) Issuing listed stocks;
(3) Stocks that resume trading after suspension of listing;
(4) Other circumstances identified by the Exchange.
Under any of the following circumstances stipulated by Shenzhen Stock Exchange, the price limit will not be imposed on the first trading day:
(1) Initial public offering of listed shares;
(2) Resume listing after suspension of listing;
(3) Other circumstances identified by the China Securities Regulatory Commission or the stock exchange.