Collection
zero Useful+1
zero

Mike index

Medium and long-term technical analysis tools for studying various pressures and supports of stock prices
MIKE Index It is also called Mike Index. Its full English name is "Mike Base". It is a special research price of stock Medium and long-term technical analysis tools for various pressures and supports.
Chinese name
Mike index
Foreign name
Mike Base
Nature
Medium and long term technical analysis tool

Basic Introduction

Announce
edit
Mike support pressure (MIKE) indicator is a kind of Stock price fluctuation Varying in magnitude Pressure support index There are three levels of support and pressure: primary, intermediate and strong. The position of pressure and support is directly displayed with icons.

principle

Announce
edit
And BOLL indicator Same, MIKE Index Yes Stock price fluctuation Varying in magnitude Pressure support index , is a path type indicator. It follows price of stock It can effectively predict the space where the stock price may rise or fall in the future. At present, most of the technical analysis indicators use the stock price to analyze and judge the trend of the stock price from various angles, of which the most typical is Opening price Closing price , maximum price and minimum price Although these four prices can basically reflect the trend of stock prices, to some extent, none of them can completely and accurately reflect the real trend of stock prices in a certain period. For example, in the daily trend, we can often see the tail market of a stock within a few minutes of closing quotation Sudden changes, in a few minutes Bid Driven by, the original falling market has turned into a sharply rising market, price of stock They also rose from the ground. Obviously, the sudden rise of the stock price at the end of the market does not represent the downward trend of the stock price for a whole day. Therefore, the closing price of the stock on that day cannot truly reflect the trend of the stock for most of the day, and the closing price on that day will lose its authenticity. Similarly, many stocks Opening price , the highest price and the lowest price will also be main force This often happens when the mechanism is deliberately pulled or pressed.
In order to make up for those who shares Opening price Closing price The technical indicators of equal price are quotation Errors in research and judgment, MIKE Index A starting price (TYP for short) is set as the calculation benchmark, and six support or pressure price ranges of the stock price, including primary, intermediate and strong, are obtained, so as to provide an important reference for investors to predict the short, medium and long term trend of the stock price. [1]

computing method

Announce
edit
MIKE Index The calculation method of is relatively complex, which involves the initial price of indicator calculation - TYP and six auxiliary indicators, namely three pressure prices and three support prices. In addition, like the calculation of other indicators, MIKE indicators also include daily MIKE indicators, weekly MIKE indicators, monthly MIKE indicators, annual MIKE indicators and minute MIKE indicators due to different calculation cycles. The daily and weekly MIKE indicators are often used for stock market research and judgment. Although their calculation values are different, the basic calculation method is the same.
Taking the daily MIKE index calculation as an example, the calculation process is as follows:
1. Calculate initial price—— Value of TYP
TYP=(H+L+C)÷3
Where, H=the highest price of the day
L=of the day minimum price
C=of the day Closing price
Some stock market analysis software also uses the weighted method for calculation, and the calculation formula is:
TYP=(H+L+2C)÷4
The meaning of the letter code in the two formulas is the same, and the calculation results are not different. MIKE Index It is calculated by using the starting price level price of stock The three pressure price levels and three support price levels of weak, medium and strong, which can help predict the future trend of stock prices.
2. Calculate the three pressure levels of the stock price
The three pressure prices in MIKE indicators are: primary pressure - WR, intermediate pressure - MR and strong pressure - SR. Their calculation formula is:
WR (N day)=TYP+(TYP-LN)
MR (N day)=TYP+(HN-LN)
SR (N day)=2 ° HN-LN
Where, TYP=starting price
HN=the highest price on day N
3. Calculation price of stock Three supporting price levels of
The three support prices in MIKE indicators are: primary support - WS, intermediate support - MS and strong support - SS. Their calculation formula is:
WS (N day)=TYP - (HN - TYP)
MS (N day)=TYP - (HN-LN)
SS (N day)=2 ¡LN-HN
Where, TYP=starting price
LN=within N days minimum price
HN=the highest price in N days

Principles of use

Announce
edit
Principle 1:, After applying the calculation formula, there will be 6 lines, showing STOR and STOS It forms a relatively wide channel, WEKR and WEKS form a relatively narrow channel, and MIDR and MIDS medium channels, which can directly and obviously show support and pressure levels. MIKE indicators change with the change of price, providing possibility in the process of price rise rise Space or provide space for descent during descent Band operation It has a prompt function in.
Principle 2:, There are 6 support pressure indicators for MIKE Mike, 3 support lines below and 3 pressure lines above.
Principle 3:, When the price is at Inventory Status can be formed according to WEKS and MIDS purchase The region, WEKR and MIDR are constructed as the selling region. According to this standard, it can be used as the buying and selling standard for band operation.
Principle 4:, When the price gets rid of consolidation, it will continue Upward trend , three items above the price Pressure line It will serve as a reference price for pressure, while the support level below the price has no reference value.
Principle 5:, When the price breaks away from the consolidation state and continues the downward trend Support line As a supporting reference price, the pressure line above the price has no reference value. [2]