1, the white curve represents the weighted index of the big market, that is, the big market index calculated by considering the proportion of the stock equity in the whole market equity (see the appendix of this chapter for the specific algorithm), which is the actual index of the big market published by the stock exchange every day.
2. The yellow curve indicates that the market does not contain weighted indicators, that is, the market index calculated by the average share capital of the whole market regardless of the amount of share capital (see the appendix of this chapter for the specific algorithm).
3. According to the relative position of the white-yellow curve, we can know that when the market index rises, the yellow line is above the white line, indicating that the stocks with smaller circulation are larger than the large-cap stocks; On the contrary, small-cap stocks lag behind large-cap stocks. When the market index falls, the yellow line is above the white line, indicating that there are fewer stocks with smaller circulation than large-cap stocks; On the contrary, small-cap stocks fell more than large-cap stocks.
1, the red and green bars indicate the buying and selling ratio of all stocks in the market at the moment. The length of the red bar indicates the increase or decrease of purchasing power; The length of the green bar indicates the strength of sales ability.
2. The yellow bar indicates the turnover per minute, and the unit is hands (each hand is equal to 100 shares).
3. The value of commission ratio is the ratio of the difference between the number of commission selling lots and their sum. When the commission ratio value is positive, it shows that the buyer is strong and the stock index may rise; When the commission ratio is negative, it means that the seller is stronger and the stock index is more likely to fall.
4. Trend line is a line used by technical analysts to draw the past price trend of securities (stocks) or commodity futures. The purpose is to predict future price changes. This straight line is formed by connecting the highest or lowest price points of securities or commodity futures rising or falling in a certain period of time. The angle of the final straight line will indicate whether the securities or commodity futures are in an upward trend or a downward trend. If the price rises above the downtrend line or falls below the uptrend line, technical analysts generally think that a new price trend may appear.
It is generally believed that trend line analysis is a method of technical analysis, but it must be combined with other technical analysis to achieve better results.