What is position cost distribution?
Distribution of tradable stock position costs, showing the number of shares held by investors at different price points.
You can use this function both in chart and analysi. Setting route is as below.
How can I use?
1. Look at the graphics
a) Low intensive: As the stock price falls, the high-cost chips gradually shift to the low level. When most of the chips are concentrated to the bottom, the stock price rise resistance decreases, and there is a chance of a rise.
b) High level intensive: As the stock price rises, the chip cost gradually shifts from the low level to the high level. When most of the chips are concentrated to the top, it may indicate that the low position chips have already profited from the market, and the falling momentum is forming.
c) Double-peak form: Most of the stocks whose stock price is in the range of repeated shocks can be regarded as the resistance level at the high level, and the low level can be regarded as the support level. The investors need to control the rhythm “high throw and low suck”.
2. Look at the data
a) color (follow the software's setting)
Red: Profitable chip area, indicating the chip position cost <current price.
Green: Lost chip area, indicating chip position cost > current price.
Gray: Do not make a loss, indicating the chip position cost = current price
Blue: indicates the current price of the stock.
Profit ratio: the proportion of profitable chips.
Average cost: average price of all chips.
Pressure: the average price of the chips on the total profitable reel
Support: the average price of the chips in the total set.
90% chip range: the price range of 90% of the chips.
70% chip range: the price range of 70% of the chips.
Chip interval coincidence: the higher the chip overlap in the two intervals, the more concentrated the chip cost, the higher the stock price fluctuation.