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Data:2009-12-12 2:34
The previous paper, we have studied the turnover of a stock's daily maximum and minimum stock trading volume as well as their own different values in which the relationship between the regions. For the stock prices movement in which the different trends (up, down correction), proposed and elaborated a series of practical application of the relationship between volume and price rules, at the same time, but also with the introduction of a large number of practical examples of daily maximum volume and maximum daily turnover the amount of real time trading strategies. while in the previous section, then through the 40-day average trading volume of research to find a stock at the beginning of a strong phase of an early stage into the early follow-up and buying methods. But these are not enough. If the above research work, opened a secret between trading volume and stock price, then this is just a particular one for the individual stocks, the lack of a horizontal comparison between the number of shares. For example, two stocks Liu Tongpan 5,000 million, respectively, and 200 million shares a day are the maximum daily volume of 1000 shares, then, which stock more trend does, which stocks more active in it? Obviously, we can not give the correct answer. In order to better solve this problem, we need to introduce a new concept and a new market analysis method, which is used to study the turnover on the relationship between trading volume and stock price movements. Through the daily stock turnover difference, we can choose abandoning the weak strong, followed by the mainstream segment and the strong market shares, strong Zhuanggu tap the market and in many stocks selected really big black horse shares in order to obtain short-term investments revenue maximization.
(A) that the concept of turnover and distribution of
(1) that the definition of turnover
Turnover is defined as the so-called day one trading day, a stock turnover of the day (Chengjiaogushu) divided by the flow of stock equity, the percentage of the proceeds. Turnover is the daily trading volume on the size of another form of expression. With each stock's daily trading volume for each day there are different values of the different size of turnover. On turnover reflect a stock market sentiment, so it is a market sentiment indicator, which shows a bargaining chip in the market resale transactions in a trading day situation.
Under normal circumstances, the higher turnover, which means the shares of stock of the more active, and vice versa shares of sluggish market rarely sought after, high turnover more than the stock market hot stocks, subject matter or Zhuanggu, so short-term, or periodic operation is the best subjects.
Turnover and 40-day average daily trading volume, as trading volume is a quantitative study of a science, which helps us to avoid the kind of the past, the "quantity" of the wrong understanding, as we have seen daily The stock charts, the volume indicated by the bar graph and the corresponding scale is automatically adjusted by a computer, and if we see a daily turnover of longer columns would think that the stock is "heavy volume" instead of going careful study may be mistaken as a large number of small. In addition, there is a more common mistake is to the general heavy volume as the real heavy volume.
For example, Shenzhen Development (000001) in the October 23, 2001 daily volume of 2882 shares, on certain larger volume appeared, but the volume is only a general contribution, in its long trend, this day Volume too common, especially in a strong upswing. Shenzhen Development October 23 despite the daily turnover in amplification, but it and its Liutong Pan up to 14 billion shares compared with a total circulation of capital not much special about the. Because if we develop the day's volume all the deep converted into a turnover, then the Shenzhen Development Bank on the day turnover is only less than 1.5%, and October 23 in Shanghai and Shenzhen markets rose sharply trend, Japan and more than 5% of the stock turnover no less than 100, therefore, a only in terms of super-large-cap stocks, which is no trend of the day at the number of points worthy of note. A larger volume of the day did not provide sufficient technical evidence that SDB will be or is strong, so we are still unable to determine at the time was how the trend of the city, only to continue to wait and see wait and make trading decisions should not be rushed .
(2) on the distribution of turnover
Through the Shanghai and Shenzhen stock market, more than 1,000 daily turnover of long-term tracking and observation, we found that the vast majority of the stock's daily turnover at between 1% -25% (not including the listing of three days before the listing of new shares ), a large number of shares the daily turnover concentrated in the 1% -20%, and about 70% of the shares on turnover less than 3%. In other words, 3% is an important dividing line, below 3% of the turnover is very common, usually indicates the strength of no more funds in which they operate. When a stock turnover rate between 3% -7%, the Unit has entered a relatively active state, should arouse our attention. 7% -10% daily turnover in the strong stocks often belong to the highly active state of stock prices, generally speaking, these shares are being or have been wide concern for the market. On turnover 10% -15% of the shares on the rise, if not the history of high-priced areas, or see the top of the hour long, it means that strong Zhuanggu of large-scale operation, if the subsequent sharp correction, in the callback process that meet the minimum volume or the volume on 1 / 3 rule, or 1 / 10 rule could be considered an appropriate intervention, when a stock appears more than 15% of the day turnover, if the stock can be maintained at the date of transaction-intensive areas running around, it may mean the stock market outlook with a great increase in the potential energy, is super strong Zhuanggu technical features, thereby afternoon a chance to become the biggest dark horse in the market!
The following table outlines the general turnover of stock on the relationship between the state and trends, describes the strong relationship between stock turnover with Japan, as well as the need for investment in the corresponding trading strategies, so that people would have a better understanding of turnover and targeted use of turnover to guide actual combat operations, in order to facilitate the investors to better grasp the essence of technology turnover, let us or through actual examples of turnover to reveal the secret bar!