ATFXWhat does it mean when stocks closed yesterday? Investing away from scams

When looking at the trend of a stock, yesterday's close is a very important data. It is very important for investors to understand the previous and subsequent trends of the stock. The yesterday's close of each stock is determined according to rules. Let's take a look at the introduction of yesterday's close of the stock.

What does it mean for stocks to close yesterday?

Yesterday's closing price of a stock refers to its closing price yesterday, and yesterday refers to the previous trading day. For example, yesterday's closing price seen on Tuesday refers to Monday's closing price, and yesterday's closing price seen on Monday refers to Friday's closing price. Yesterday's closing price refers to the price of the last stock traded on a daily basis, which is the closing price.

Rules for generating the closing price of stocks:

Shanghai Stock Exchange: Since2018year8month20Starting from today, the closing price of stock trading on the Shanghai Stock Exchange will be adjusted to be generated through the closing call auction. If the closing call auction cannot generate a closing price or if no closing call auction has been conducted, the weighted average price of all transactions in the minute before the last transaction of the security on that day shall be used(Including the last transaction)Is the closing price.

Shenzhen market: The closing price is generated through collective bidding. If the closing call auction cannot generate a closing price or if no closing call auction has been conducted, the weighted average price of all transactions in the minute before the last transaction of the security on that day shall be used(Including the last transaction)Is the closing price. If there is no transaction on that day, the previous closing price shall be the closing price of that day.

Advantages of using closing price as the core price for technical analysis:

【1】You can clearly see the direction of the market, relative toKFor the US line, the continuity of the trend is better.

【2】You can clearly see the market trend, such as an upward trendNWord up orUThe word rises, clearly indicating the strength.

【3】You can see more obvious areas of transaction density and price imbalance.

【4】The success rate of matching indicators is higher.

【5】It has higher stability and can avoid extremely high and low prices in some transactions.

【6】The transaction details during actual execution are unclear, making it difficult to rely on price for risk control. However, risk control of fund types can compensate for this.

In the process of stock trading, both today's opening price and yesterday's closing price are placed in a very prominent position, and investors can compare these data to continue comprehensive evaluation.