High-volume downward shadow candlestick at high levels refers to a candlestick chart where the trading volume increases, and the closing price is higher than the previous day's closing price, with a high opening price and a low closing price. It could indicate that the main players are either washing out shares or selling off their holdings, and the subsequent trend of the stock needs to be considered for a judgment.
1. The Significance of High-volume Downward Shadow Candlestick
High-volume downward shadow candlestick signifies a loss of confidence in holding stocks among retail investors and a wait-and-see attitude among external funds. It not only shows the profit-taking by retail investors but also reveals the secret of the large-scale chip distribution by the main players. The appearance of a large downward shadow candlestick reveals...
It represents a sharp rise followed by a correction caused by the main players' substantial selling-off. On the other hand, the excessive upward shadow candlestick discussed here refers to a stock's previous upward trend, followed by a correction caused by...
High-volume downward shadow candlestick refers to a sudden appearance of a long dark candlestick after prolonged stock price increases and in the absence of negative news. Typically, the amplitude and decline of the daily candlestick exceed 5%, and the turnover rate exceeds 10% (for small-cap stocks, the turnover rate requirement is higher, usually...
1. The dark candlestick represents the power of short selling. 2. A large dark candlestick represents a significant short-selling force. 3. A large downward shadow candlestick at a relatively high level indicates a large-scale capital outflow, indicating that the main institutions are selling off. 4. Since the institutions have exited, what options do we...
Hi, I will answer your question about the significance of a high-volume downward shadow candlestick. The appearance of a large downward shadow candlestick at a high level is usually indicative of selling off. This situation is very dangerous...
Downward shadow candlestick with high volume: When the closing price is lower than the opening price of the day and the trading volume is significantly higher than the recent average trading volume, it is a downward shadow candlestick in a falling market. It refers to a stock...
1. High-volume downward shadow candlestick: In a rising trend of stock prices, a high-volume downward shadow candlestick appears when the stock price rises to a relative top, indicating that investors should decisively sell off. It is a sell signal. 2. At high levels, a large downward shadow candlestick serves as an indication of a market top...
When the profits are substantial, particularly at high levels, selling off becomes an inevitable choice. The appearance of a high-volume downward shadow candlestick indicates that the stock...
The above explanations provide an understanding of the concept of a high-volume downward shadow candlestick and its significance in stock trading. By analyzing the characteristics of this candlestick pattern, investors can make informed decisions based on the behavior of main players and the subsequent trend of the stock. It is crucial to be aware of market conditions and other technical factors before making any investment decisions.