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classicKExplanation of Basic Knowledge of Line Diagram

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KExplanation of basic knowledge of line diagrams:
KThe line chart was first used by rice merchants in Osaka during the Tokugawa shogunate period in Japan to record the rise and fall of rice prices on that day, week, or month, and was later introduced into the stock market.KLine charts have the characteristics of being intuitive, three-dimensional, and carrying a large amount of information. They contain rich Eastern philosophical ideas and can fully display the strength of stock price trends and changes in the balance of power between buyers and sellers. They can accurately predict future market trends and are widely used as technical analysis tools in various media and computer real-time analysis systems. The recording method is as follows: (as shown in Figure 1)
classicKExplanation of Basic Knowledge of Line Diagram75 / author:5566 / PostsID:1489939
Figure 1


1DayKA line is drawn based on the four price levels formed by the daily trend of a stock price (index): opening price, closing price, highest price, and lowest price.
When the closing price is higher than the opening price, the opening price is at the bottom and the closing price is at the top. The rectangular bar between the two is drawn in red or hollow, called a positive line; The highest point on the upper line is the highest price, and the lowest point on the lower line is the lowest price.
When the closing price is lower than the opening price, the opening price is above and below the closing price. The rectangular bar between the two is drawn in black or solid, called a negative line. The highest point of the upper line is the highest price, and the lowest point of the lower line is the lowest price.
2According toKThe calculation period of a line can be divided into daysKLine, weekKLine, MonthKLine, YearKLine.
weekKThe line is drawn based on Monday's opening price, Friday's closing price, the highest and lowest prices of the weekKLine diagram. monthKThe line is drawn based on the opening price on the first trading day of a month, the closing price on the last trading day, and the highest and lowest prices of the monthKLine chart, similarly, can be inferred as yearKLine definition. weekKLine, MonthKLines are often used to assess mid-term market trends. For short-term operators, numerous analysis software provides5minuteKLine15minuteKLine30minuteKLine and60minuteKLines also have important reference value.
3According to the fluctuation range of opening and closing prices, the K-line can be divided into extremely negative, extremely positive, small negative, small positive, medium negative, medium positive, and large negative, large positive and other linear types. Their general fluctuation range is shown in Figure 2.
The fluctuation range of the polar negative and polar positive lines is0.5%about;
The fluctuation range of the small yin line and the small yang line is generally within0.6--1.5%;
The fluctuation range of the middle negative line and the middle positive line is generally within1.6-3.5%;
The fluctuation range of the Great Yin Line and the Great Yang Line is3.6%above.
classicKExplanation of Basic Knowledge of Line Diagram845 / author:5566 / PostsID:1489939
Figure 2


4Below are time-share trend charts with trading volume to illustrate the formation process and different meanings of several typical single day K-line charts. The time-sharing trend chart records the full day trend of stock prices, and different trends form different types ofKLine, while the same typeKLines have different meanings due to different stock price trends.
classicKExplanation of Basic Knowledge of Line Diagram202 / author:5566 / PostsID:1489939
A.Xiaoyangxing:

The stock price fluctuates very little throughout the day, with the opening price extremely close to the closing price, and the closing price slightly higher than the opening price. The appearance of Xiaoyangxing indicates that the market is in a chaotic and uncertain stage, and the future ups and downs cannot be predicted. At this time, it is necessary to make a comprehensive judgment based on the shape of its previous K-line combination and the price range at that time.
classicKExplanation of Basic Knowledge of Line Diagram935 / author:5566 / PostsID:1489939
B.Little Yin Star:

The time-sharing trend of Little Yin Star is similar to that of Little Yang Star, except that the closing price is slightly lower than the opening price. Indicating a weak market and unclear development direction.
classicKExplanation of Basic Knowledge of Line Diagram898 / author:5566 / PostsID:1489939
C.Small Yang Line:

Its fluctuation range is relatively small, and the positive star increases, with bulls slightly gaining the upper hand, but the upward momentum is weak, indicating that the market development is complex and confusing.
classicKExplanation of Basic Knowledge of Line Diagram419 / author:5566 / PostsID:1489939
D.Hanging male line:

If a hanging line appears in the low price area, as shown in the figure,
The stock price shows a decline in trading volume during the process of bottoming out. As the stock price gradually climbs, the trading volume shows a uniform amplification trend and ultimately ends with a positive line, indicating a bullish outlook for future stock prices.
If a bullish line appears in the high price range and the stock price moves out of the pattern shown in the figure, it is possible that the main force is pulling up shipments and needs to be careful.
classicKExplanation of Basic Knowledge of Line Diagram448 / author:5566 / PostsID:1489939
E.Lower Shadow Line:

Its appearance indicates that the attacks from multiple parties in the long short battle are stable and powerful, with stock prices falling first and then rising, and the market has the potential to further rise.
classicKExplanation of Basic Knowledge of Line Diagram694 / author:5566 / PostsID:1489939
F.Upper Shadow Line:

Display heavy overhead pressure during multi-party attacks. This type of figure is commonly seen in the main force's test drive, indicating that there are many floating chips and the upward trend is not strong at this time.
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5566  Honorary Member  Published on 2019-10-6 09:09:45 | Show all floors
KExplanation of basic knowledge of line diagrams:
classicKExplanation of Basic Knowledge of Line Diagram705 / author:5566 / PostsID:1489939
G.Piercing the head and breaking the ankle line:

The stock price moving out of the graph shown in the figure indicates that multiple parties have taken advantage and there has been a wave by wave upward trend. The stock price has steadily increased with the coordination of trading volume, indicating a bullish outlook in the future.
Similarly, in order to break through the bullish line, if the stock price trend shows a sideways or downward trend for most of the day and suddenly pulls up in the tail market, it indicates that it may jump short and open high the next day before moving low.
classicKExplanation of Basic Knowledge of Line Diagram587 / author:5566 / PostsID:1489939

There is also a situation where the stock price trend shows a wide range of oscillations throughout the day. When the tail market volume rises and closes positive, it may be that the main force of the day drives away sedan passengers through oscillation washing, and then easily rises, and the future may continue to be bullish.
classicKExplanation of Basic Knowledge of Line Diagram775 / author:5566 / PostsID:1489939
H.Bald Male Thread:

If the bald bullish line appears in the low price area, it shows on the time-share trend chart that the stock price bottoms out and then gradually rises, while the trading volume also increases, indicating the beginning of an upward trend. If it appears in the upward trend, it indicates that the future market will continue to be optimistic.
classicKExplanation of Basic Knowledge of Line Diagram230 / author:5566 / PostsID:1489939
I.Barefoot Yang Line:

The upward trend is strong, but there are differences between the long and short sides at high prices, and caution should be exercised when making purchases.
classicKExplanation of Basic Knowledge of Line Diagram294 / author:5566 / PostsID:1489939
J.Upper Shadow Line:

Indicating that multiple attacks are blocked and falling back, with heavy selling in the up block. It is unclear whether the situation can continue to rise.
classicKExplanation of Basic Knowledge of Line Diagram469 / author:5566 / PostsID:1489939
K.Bare Head and Bare Foot Male Thread:

It indicates that multiple parties have firmly controlled the market, and are attacking with each wave, gradually closing in, with a strong upward trend.
classicKExplanation of Basic Knowledge of Line Diagram627 / author:5566 / PostsID:1489939
L.Small Yin Line:

It indicates that the air side is in a downward pressure situation, but the intensity is not significant.

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5566  Honorary Member  Published on 2019-10-6 09:11:01 | Show all floors
KExplanation of basic knowledge of line diagrams:

classicKExplanation of Basic Knowledge of Line Diagram224 / author:5566 / PostsID:1489939
M.Barefoot Yin Line:

The appearance of a bare foot negative line indicates that although the stock price has rebounded, the upward selling pressure is heavy. The bearish side took advantage of the situation to suppress the stock price and closed at a negative line.
classicKExplanation of Basic Knowledge of Line Diagram366 / author:5566 / PostsID:1489939
N.Lower Shadow Yin Line, Lower Shadow Cross StarTShape line:

When any of these three types of linear patterns appear in the low price range, it indicates a strong downward carrying capacity and the possibility of a rebound in the stock price.
classicKExplanation of Basic Knowledge of Line Diagram984 / author:5566 / PostsID:1489939
O.Upper Shadow Negative Line, InvertedTShape line:

When either of these two types of linear patterns appears in the high price range, it indicates severe upward selling pressure, weak market conditions, and the possibility of stock price reversal and decline; If it appears on the way up in the mid price range, it indicates that there is still room for improvement in the future.
classicKExplanation of Basic Knowledge of Line Diagram710 / author:5566 / PostsID:1489939
P.Cross stars:

This type of line shape is often referred to as a cross star, and whether it appears in high or low price areas, it can be seen as a top or bottom signal, indicating that the trend is about to change its original direction.
classicKExplanation of Basic Knowledge of Line Diagram777 / author:5566 / PostsID:1489939
Q.Large Yin Line:

The stock price was trading sideways for a day, but suddenly fell in volume at the end of the day, indicating that the bears ultimately held the dominant advantage in the day's battle, and there is a high possibility of opening low the next day.

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