Application analysis and refined using the turnover stock solution Money Tips

Category: Money tips Release Date: 2006-04-01

The distribution of the main chip accumulation often leaves a low-intensive areas. In most cases, the main force, after the completion of low accumulation in no hurry to lift, even shares the main should return to deliberate further below the low-density areas, because the local market basically no sell-off that all investors in a shallow cover state, support the market is relatively easier. When the time comes mainly from low-intensive areas in the bottom of the first lift to the stock price above the dense area, forming dense area on the chip up through this process can easily positions across the state, if the main massive positions, then on the disk will not be too many sell-off in some sort of relief. That stock prices on the wear-intensive areas in the show boundless situation, this time we know the unit has a high position in the main.

Technically, we must be "without limit" feature in this market gives a clearer reference standard: that with the turnover rate for accurate estimation of volume. Usually we do not simply use the volume of the technical parameters, because the stock Liu Tongpan are of different sizes, the same absolute volume does not explain the stock is changing hands, or basically no significant change hands. 900 million transactions each day for the China Petrochemical (600028), who accounted for only 5.8 per thousand of its Liutong Pan, and for tape shares (600,614), which has 900 million shares it all in Liutong Pan. Su Liang used to monitor the profit with the heavy volume sell-off is not a good idea. The turnover is the nature of much more.

In accordance with my own experience, we can be divided into the following month turnover levels:

Absolute volume: less than 1%

Traded below par: 1% - 2%

Volume was moderate: 2% - 3%

Trading was active: 3% - 5%

With the amount of: 5% - 8%

Heavy volume: 8% - 15%

Massive: 15% - 25%

Turnover strange: more than 25%

We often use the 3% below the standard, and less than 3% of the turnover as "without limit", the standard is widely accepted. More stringent standard is 2%. Here we look at an example of this was a variety of shares in 1999 at the end of the K line of Figure 3. At that time the price of the stock is only 8.11 yuan (rehabilitation of the right price). We can see from the chart the stock is moving from the bottom of the chip built-up areas through the implementation of the upward, but its turnover is very small, March 23 the day of the turnover rate is only 1.74% belong to turnover plus ever category while in the process of wearing a chip built-up areas in which about 60% of the chips have been liberated. As a result, some sort of relief not to sell chips accounted for 60% of Liutong Pan. This leads us to the conclusion that the majority of these 60% of the chips as a key to all, thus making the stock positions are qualified. Later, the trend of the unit is well known, to February 21, 2000, the stock hit the highest price of 63.95 yuan.

These are the immeasurable by chip-intensive areas to determine the wear volume of the main positions of the method, which, once discovered chip-intensive areas to sagging volume up through, were through most of the main positions of the chips. This estimate means the main positions even though a simple, but for low to catch the reference value village is huge.