The K line chart refers to the drawing method of the K line chart in the stock market and futures market, which contains four data, namely the opening price, the highest price, the lowest price and the closing price. All the K lines are spread out around these four data, reflecting the situation and price information of the general trend.
If you put the daily K chart on a piece of paper, you can get the daily K chart, and you can also draw the weekly K chart and the monthly K chart.
Because the shape of the chart produced in this way resembles a candle, and the candles are black and white, it is also called a Yin and Yang line chart.
Through the K-chart, we can completely record the performance of the market conditions in a day or a certain cycle. After a period of time, the stock price will form a special region or form on the chart, and different forms show different meanings.