2. From the actual point of view, it is better to judge the short-term selling point by the 60-minute line. Not only is it more stable than 5 minutes, 15 minutes and 30 minutes, but it is also more flexible than the daily line, and its selling point will not lag too far. It can be supplemented by daily lines and recent market conditions.
3. On the 60-minute chart, there are two specific manifestations, namely, violent fluctuations in individual stocks or insufficient upward energy in intraday trading:
(1) For the normal rising positive line (the entity positive line or the entity is larger than the upper and lower shadow lines) and the normal falling negative line (the shrinking negative line, to be exact, the amount can be less than the average amount), this is a normal market, and the price will still move in the original direction without external force, so you can hold shares with peace of mind.
Once there is a violent shock or a decline in trading volume on a certain day, a long shadow appears on the top, a long shadow appears on the bottom, and a long shadow appears on the top and bottom within 60 minutes. A negative line with a large decline appears within 1 hour, and the trading volume can be greater than the average. We call this K-line "abnormal K-line".
(2) After a period of heavy volume increase, the rising energy began to decrease, indicating that the rising trend began to weaken or was ready to enter a long-term adjustment. In 60 minutes, the short-term moving average broke the long-term moving average, indicating that the average degree of short-term energy release began to shrink.
Long red line or Dayang line
The figure shows that the highest price is the same as the closing price, and the lowest price is the same as the opening price. There is no shadow line up and down. From the beginning of the opening, the buyer actively attacked, and there may be a struggle between the buyer and the seller, but the buyer went all out until the closing.
The buyer always has the advantage, which makes the price rise all the way until the close. Represents a strong rebound, the stock market is at a climax, and buyers flock in and buy at unlimited prices. People who hold stocks are reluctant to sell because they see that the buyer is strong, and the supply exceeds the demand.
Long black line or big yinxian line
The figure shows that the highest price is the same as the opening price, and the lowest price is the same as the closing price. There is no shadow line up and down. From the beginning, the seller had an advantage. The stock market is at a low ebb. Those who hold stocks sell stocks without price restrictions, causing panic. The market is one-sided, and the price has been falling to the close, showing a strong decline.
Fall first and then rise.
This is a red entity with hatching. The highest price is the same as the closing price. After the opening, the selling price was sufficient and the price fell. However, with the support of the buyer's low price, the seller was frustrated, and the price pushed higher than the opening price, rising all the way to the close, and closing at the highest price.
Generally speaking, it is a pattern of falling first and then rising, and the buyer's power is greater, but the length of the entity part and the shadow line is different, and the power contrast between the buyer and the seller is also different.
The solid line is longer than the shadow line. The price didn't drop much, but it was supported by the buyer and the price was pushed up. After breaking the opening price, it has been greatly improved, and the buyer has great strength. The real part is equal to the shadow line, and the struggle between buyers and sellers is fierce, but on the whole, the buyer has the advantage and is beneficial to the buyer.
The solid line is shorter than the hatched line. On the low price, buyers and sellers launched a fierce competition. If there is buyer's support, the price will be pushed up gradually. However, it can be found from the figure that the upper entity part is small, indicating that the buyer's advantage is not too great. If the seller tries his best to fight back the next day, the buyer's entity will be easily captured.
Anti-fall type
This is a black entity with hatching, and the opening price is the highest price. As soon as the market opened, the seller's efforts were particularly strong, and the price dropped, but he met the support of the buyer at a low price. The market outlook may rebound. The length difference between the solid line and the shadow line can also be divided into three situations:
(1) The throwing pressure of the solid part is greater than the shadow line. It was greatly suppressed as soon as it opened. At the low point, buyers and sellers encounter resistance, and the shadow line is short, indicating that the buyer has not pushed the price up much. Generally speaking, the seller has great advantages.
(2) The entity part is equal to the shadow line, which means that after the seller lowers the price, the buyer's resistance is also increasing, but it can be seen that the seller still has the advantage.
(3) The solid part is shorter than the shadow line. The seller kept the price down all the way. When the price was low, the buyer met with stubborn resistance and organized a counterattack, gradually pushing up the price. Although the deal was finally made in Hei Bang, it can be seen that the seller only took a small advantage. In the market outlook, it is likely that the buyer will fight back with all his strength and eat all the little black entities.
Extended data
Drawing method:
First, find out the highest price and lowest price of the day or a certain period of time and connect them vertically into a straight line; Then find out the opening price and closing price of the day or a certain period of time and connect the two prices into a long and narrow rectangular column.
If the closing price of the day or a certain period of time is higher than the opening price (that is, lower prices and higher prices), it is indicated in red, or a space is left on the column, which is called "positive line".
If the closing price of the day or a certain period of time is lower than the opening price (that is, higher prices and lower prices), it will be indicated in blue, or the column will be painted black, and it will be "negative line".
merits and demerits
Advantages: You 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.
Disadvantages:
(1), the drawing method is very complicated, and it is one of the most difficult charts to make.
(2) There are many changes in the negative and positive lines, so it is quite difficult for beginners to master the analysis, which is not as simple and easy to understand as a histogram.
Baidu encyclopedia-stock k-line chart