Internal market and external
market. External market refers to the sum of the number of shares traded at the commissioned price by the buyer during a certain trading period on a trading day. It is also called active buying.
Internal trading refers to the sum of the number of shares traded at the commissioned price by the seller during a certain trading period on a trading day, also known as active selling.
(External market + internal market = trading volume)
Through the internal market and external market data, we can judge the strength of the buying and selling power on that day or at that time. Generally speaking, if the external market is greater than the internal market, the stock price is bullish; on the contrary, it is bearish. But sometimes, when the external market is large, the stock price does not necessarily rise, and when the internal market is large, the stock price does not necessarily fall, because the main force can use the number of external market and internal market to deceive investors and achieve the purpose of opening positions, washing the market, raising prices, or shipping. .
Market research and judgment
1. The stock price is at a low level, and the external market is greater than the internal market: the stock price is in the early stages of rising or on the way to rising, and you can actively follow up.
2. The stock price is at a low level, and the external market is much smaller than the internal market: the stock price is in the early stages of rising or sideways, and other signals need to be used to intervene.
3. The stock price is at a high level, and the external market is smaller than the internal market: the stock price is at the end of the rise, and you should leave the market in time and wait and see.
4. The stock price is at a high level, and the external market is much larger than the internal market: the stock price is at the end of the rise or in a sideways area. This is a bullish performance, so you should leave the market in time and wait and see.
In addition, when the trading volume is very small, very large, or the price limit is reached, the study and judgment of the internal market and external market is of little significance.
Turnover and turnover rate
Change of hands refers to the transaction in which the stock is transferred from Party A's hands to Party B's hands.
Turnover rate: refers to the ratio of trading volume to the total number of outstanding shares of the stock within a certain period of time.
Market research
and judgment: Research and judgment on turnover rates can help investors track the activity of individual stocks.
1. Turnover rate <2% (trading is relatively inactive; stock prices generally maintain their original trend, mostly consolidating or falling, except for highly controlled stocks)
2. 2% < turnover rate < 7% (active trading)
3. Turnover rate >7% (Trading is intense; if it occurs at a low level, it is likely to be the main force purchasing; if it occurs at a high level, it is likely to be the main force shipping)
Volume ratio and entrusted ratio
Volume ratio is the ratio of the average trading volume per minute of a stock after the market opens to the average trading volume per minute of the past 5 trading days.
Calculation formula
Quantity ratio calculation formula
Market Research and Judgment
1. If the stock price continues to rise that day and the volume ratio is >1, it means that the price-volume coordination is good and the stock price will continue to rise.
2. If the stock price continues to fall that day and the volume ratio is >1, it means that there is a lot of selling and the stock price will continue to fall.
3. If the stock price rises slowly that day and the volume ratio is <1, it means that the trading volume did not effectively cooperate with the day's rise, and the stock price's rise may be blocked.
4. If the stock price falls slowly on the day and the volume ratio is <1, it means that during the day's decline, there was limited selling in the market and the decline in the stock price may slow down (except for stocks that fell sharply as soon as the stock price opened).
Commission ratio, that is, the percentage of the difference between the commissioned buying and selling lots and the sum
Calculation
formula Commission calculation formula
The number of commissioned buying lots is the sum of the five levels of lots currently commissioned to buy the stock.
The number of lots commissioned to sell is the sum of the five levels of lots currently commissioned to sell the stock.
Market research and judgment
1. Commission ratio = 100%, which means that the stock has reached the daily limit and only commissioned buy orders can be seen on the market.
2. Commission ratio = -100%, which means that the stock has dropped to the limit, and commissioned sell orders are intelligently visible on the market.
3. 0<commissioned ratio<100%, means the number of commissioned buying lots>the commissioned number of selling lots
4. -100%<commission ratio<0, means the number of commissioned selling lots>the number of commissioned buying lots.
5. Generally speaking, the larger the ratio, the stronger the market buying, and the greater the probability of the stock price rising; conversely, the larger the market selling, the greater the probability of the stock price falling. But sometimes, the main force can change the size of the commission by deliberately placing orders, thereby affecting investors' judgment of the market.