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Data:2009-12-12 2:34
Moderator: To study the strength of the market and individual stocks, trading volume, that is, we often say it is important to analyze the amount of indicator. We have previously talked about the relationship between price of the amount of turnover is absolutely stacked and some other indicators, today we talk about a relative index, and the most commonly used indicators - turnover rate.
Moderator: give us the definition of turnover to talk about you?
Guests (Ranlan): Through the Shenzhen and Shanghai 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%. The so-called stock exchange rate refers to the unit of time, a total turnover of the securities and may be the ratio between the trading volume. The greater its value, not only explain the active trading, changing hands between traders also showed that the full extent. Turnover in the market is very important to the sale of reference, it should be said that far more technical indicators and technical-graphics are much more reliable, if the cost from the perspective of fraud, despite the stamp duty on transactions, trading commissions have been greatly reduced, but the more volume large, the higher the cost paid is an indisputable fact. If the K-line diagram of the technical specifications, graphics, turnover among the three elements of choice, the main force is certainly the most used volume only when there is no way to cheat people. Thus, even judged volume turnover for judging a stock's future development is of great help. Can be distinguished from the high turnover rate because the main force to be shipped or ready to lift the main force is very important.
Moderator: So under what circumstances we may consider a stock turnover is relatively high?
Guests: Based on 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!
Moderator: That the general circumstances under which the situation with high change hands?
Guests: Generally speaking, the high turnover is broadly divided into three types: the relatively high turnover of a sudden amplification, the wishes of the main distribution is very obvious, however, emit high volume is not easy Shier, generally accompanied by there are some good is introduced, will release volume, the main force in order to successfully complete the distribution, such examples are many. On the contrary, such as the Tibetan Tin Road will be such stocks is very deceptive Zhuang Gu, first plunging and then rebounded strongly, and more than pre-order platform, led to a big ship and then set to follow suit. For these stocks risk-averse approach: that is to avoid high-priced stocks, to avoid early speculation has been a substantial stocks. 2, new shares, it is a special group, listed at the beginning of high turnover is a natural Shier, once shares have performed over the myth of undefeated, but as the changes in the market after the listing of new shares opened higher on low go become a reality. Apparently did not lead to high turnover will certainly rise conclusions. Despite the recent listing of new shares of CITIC Securities, Anhui pass high-speed performance especially eye-catching, hard with a high turnover to arrive at their conclusions on the rise is clearly biased, but to support them is the high turnover rising an important factor. 3, the bottom of the big bang, the strong stock price is not high, is the focus of our discussion, the credibility of its high level of high turnover, indicating that new money to intervene more obvious signs of the future upside is relatively large, the more the bottom of the changing hands full up in the sell-off more lightly. In addition, the current market is characterized by partial rebound in market, high turnover is expected to become a strong stocks, stocks that represent the market's hot spots. Hence the need to focus attention on them.