|
||||||||||||||||||
Data:2009-12-12 2:34
For the majority of investors, in-depth study of the relationship between volume and price, not only effective in helping to determine market trend and do-band market, more importantly, can help to find a real dark horse. This is the most important point, after all, investors in individual stocks rather than from the index to make money from the profits, so we will focus on the relationship between volume and price a reflection of a combination of technical indicators - OBV and the mean amount of line use.
We first look at the recent rally of the Yangtze good investments (600,119), in 99 years, May 5 to May 11 in 5 days time, its stock price rose to 15 yuan from 11.7, or 28%, If investors are able to seize the stock is no doubt caught a dark horse. So, we have adopted to analyze whether the relationship between volume and price can be found one of the law? Yangtze investment from January 18 this year, the highest price of 16.1 yuan fell to April 27 low 11.6 yuan within three months of around 28% of drop , while in the meantime, OBV indicator only fluctuates between 430-423, almost unchanged, which is precisely the OBV indicator reflected the characteristics of a black horse in individual stocks.
OBV indicator of energy called tidal volume net value is multiplied by the number of turnover ratio, made of the trend line, with the stock charts, from the price changes and volume changes in the relationship, speculated that market sentiment, OBV's theory is based on market price movements must have a volume with price movements and trading volume movements do not correspond, then the market price changes difficult to sustain. OBV and the relationship between the abnormal stock price will reflect the changes in the trend of the stock.
In general, only the changes observed OBV is not meaningful, we must cope with the trend of price charts have practical effect. Market price movements and volume changes tend to have relationships curve when the OBV and price trends show almost parallel to the move, and no special significance of the trading tips. If when the OBV trend curve and the price of a "departure from the" trend, then you can determine the current market there will be an important "change." The use of a specific rule is: When the stock price rising OBV line is declining, said the energy shortage, the share price may fall again. When the stock price drop OBV line to rise, said that strong buying, the stock will go up again. When the stock price rising OBV line synchronous rise slowly, it said that the stock market continue to be optimistic. When the OBV line shot up, regardless of whether the stock price soared, or they fall again, that energy will soon run out, the share price may be reversed.
A point worth noting is that when the OBV horizontal plate to go more than three months, the time will have a big move occurs. Kunming Machine Tool 11 in the 98 months to 99 years in February's performance, it is a typical example.