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Data:2009-12-12 2:34
Volume analysis of actual operations is an important aspect, because Liutong Pan sizes and turnover in a simple comparison is largely meaningless. While inspecting the volume when you not only look at the amount of Chengjiaogushuo, but also to analyze the level of turnover. Zhou turnover refers to the time in a week of individual stocks change hands, that is, all trading days within a week the cumulative turnover. Turnover rate of change analysis should be said that more than other technical indicators and patterns to determine more reliable. The level of turnover not only lies in the stock changed hands a specified period of time the extent and adequacy of an active trading status and, more importantly, it is to judge and measure the differences between the two long-short size is an important reference index for . Low turnover shows that both views are basically the same long-short, stock prices generally arise due to low volumes fell sideways or into. High turnover indicates that long-short divergence of both sides, but as long as the status of active transactions can be sustained, stock prices generally showed a slight upward trend.
For the turnover observations, most investors should be attracted attention is the turnover rate is too high and too low on the circumstances, too low or too high a turnover rate in most cases are likely to be leading indicators of price change disc . In general, stock prices, after a long time to adjust, if a continuous period of time more than a week turnover are maintained at a very low level (eg, weeks turnover rate at 2% or less), often precedes the two sides are in wait in the long-short . Due to the short side to release the power has been basically finished, this time into the bottom of the stock is basically regional, then even the good news in general are likely to trigger a strong rally.
For the emergence of high-turnover, investors should first analyze the relative position of the high turnover rate occurs if the stock is traded after a long slump that followed the heavy volume, and a high turnover rate can be maintained for several trading days, and can be regarded as new money involved in the more obvious signs of high credibility of a larger change hands. Because it is the bottom of a big bang, coupled with changing hands full, so stock up space for the future of the relatively large and become very strong possibility of stocks, investors need to focus on this case to make. If a stock suddenly appeared at a relatively high high-traded, turnover is also a sudden amplification, in general, more likely to decline. Most of this is accompanied by introduction of individual stocks or the market's good, this time has been profitable chips will seek out, good out of bad is in this situation to arise. For this high turnover, investors should be treated with caution.
In addition to the high turnover rate appears to analyze the relative position of outside investors, but also concerned about the duration of the high turnover rate is just a big bang, or a heavy volume longer. In most cases, some positions due to heavier body would not be taken out of the way right down to attract follow the trend of disk, so for those changing hands full, but gains limited variety but should heighten our vigilance. But for newly-listed shares, if the opening price and the gap between the issue price and can not maintain a large turnover in the long period of time, could be considered timely intervention.
In fact, regardless of turnover is too high or too low, as long as the cumulative pre-or too large, should be treated with caution. From a historical perspective, when the single-day turnover of more than 10% or more, the stocks into the short-term adjustment of the probability of relatively large, especially for several consecutive trading days change hands more than 7% above more carefully.
