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The implication behind the trading volume in the end of the day technical aspect volume price theory

In the rising trend of the stock price, the end of the consolidation or the falling trend, the results of the next day's opening may be very different. The first opportunity to gain insight into such subtle changes in the tail market is generally a winning magic weapon that short-term investors dream of. The most important basis for judging this situation is the overall operating status of the 10-day moving average of stock prices.


1. In a rising trend (when the moving average of stock prices on the 10th is rising)

Increase in late-market price increase: The increase in late-market volume and price in the rising trend is a symptom of the full accumulation of popularity, indicating that investors in the market are still optimistic about the future development, and the stock price will continue to open at high prices on the next trading day The possibility of exit is greater.

Incremental contraction of late-market price: This situation is mostly a reluctance to sell during the climax of the rise. On the next trading day, stock prices are usually based on gaps and high openings. Investors who did not buy in the late market yesterday usually fill up the unit price to chase the price. However, because the stock has not changed hands sufficiently, after opening higher, the selling pressure will increase gradually due to the increase in profitability. The K-line pattern of the next trading day often has an upper influence line.

Large amount of sharp drop in the late trading: If it is not during the period of huge increase, when a huge long-yin K-line pattern appears, this obvious phenomenon of sharp drop and large amount appears in the late trading. Most of the main market makers use the late market to wash and clear the market. . The stock price of the next trading day will often be opened at a flat or high price, but the premise of this situation is that the trading volume of the last trading day should not be too large in a certain principle.


2. Consolidating (when the moving average of stock prices on the 10th is flat)

Late-market prices and volumes increased: At the end of the consolidation phase, the main forces of the long and short sides went through a long period of battle, and finally gained the upper hand with the efforts of the main forces. When the disk suddenly launches an offensive at this time, the stock price of the next trading day will often open at a flat or high price.

Late price drop and volume increase: At the end of the consolidation trend, the price drop and volume increase, indicating that the main forces of the long and short sides are in a close confrontation. The main force of the long side has lost support and confidence, and the main force of the short side has the upper hand. , The victory and defeat have already been determined. The disk suddenly launched an offensive at this time, and the stock price of the next trading day often opened at a flat or low price, and most of them would gradually enter the decline stage because of the weakness of the main counterattack.

Price and volume increase before closing: In the course of consolidation, the stock price is about to encounter a checkpoint. If there is a sudden sharp pull in the end of the trading day, the stock price of the next trading day will mostly be opened at a high price, but due to the combination of the main market maker I don't want to or do not have the strength to attack, just use the tail market to make a surprise attack, creating an illusion of an upward breakthrough, enticing investors outside the market to chase the bullish market, and take the opportunity to ship and clear the position. Therefore, it is very easy to form a high open and low move, with a false breakthrough to pull back the ending of consolidation.


3. In a downward trend (when the moving average of the stock price on the 10th is in a downward trend)

Late-market price decline and shrinkage: In the downtrend, the decline in late-market prices has shrunk, indicating that no one is willing to take orders. The selling pressure will be transferred to the opening of the next trading day, which will cause the stock price to sell on the next day. He was eager to get rid of and opened at a low price.

Increasing price and volume in late trading: In a downtrend, the phenomenon of increasing price and volume in late trading appears. Generally, the K-line pattern will leave a lower shadow. There are two possibilities for the trend of the market: (1) RSI is not in place When the low-end and K-line closes the bardo, due to the intervention of short-term funds, there is an opportunity for a rebound. However, if the stock price on the next trading day is always moving downstream of the flat market, it may be that the main market makers use the tail market to pull up the market so as to lower the shipment the next day. This is a signal that the market will gap down. (2) When the RSI is at a low level and the K-line is shrinking, if the volume and price increase at this time, and the timing of occurrence is at the low level of the 6-day RSI, the next trading day is usually opened through the high market. The trend triggered a round of rebound.


4. Special conditions

In the late trading, a corrective rebound began to appear in the sharp trend. When the market closed, it was pressed to the lowest point to close, indicating that the main force of the short side still dominates the advantage. This kind of trend occurs in the next trading day. The stock price will be opened at a flat or low price, and the stock price trend of the next trading day is easy to fall but difficult to rise.

Significant gains have been formed before the end of the market, but in the last 10 minutes of the end of the market, there has been a rush, the trading volume has been greatly enlarged and the stock price has risen all the way, this situation is generally mostly speculative short-term customers intervening to catch up. The trend of the next trading day is not very favorable. After the stock price opened higher on the next trading day, because of the pressure of short-term profitability, if this part of the selling order cannot be digested, it will be difficult to continue the upward trend. Selling pressure will generally emerge quickly after the higher opening.