Heikin-Ashi Candlesticks are an offshoot from Japanese candlesticks. Heikin-Ashi Candlesticks use the open-close data from the prior period and the open-high-low-close data from the current period to create a combo candlestick.
The resulting candlestick filters out some noise in an effort to better capture the trend. In Japanese, Heikin means 'average' and 'ashi' means 'pace' (EUDict.com).
Taken together, Heikin-Ashi represents the average-pace of prices. Heikin-Ashi Candlesticks are not used like normal candlesticks. Dozens of bullish or bearish reversal patterns consisting of 1-3 candlesticks are not to be found.
Instead, these candlesticks can be used to identify trending periods, potential reversal points and classic technical analysis patterns.
A long hollow Heikin-Ashi candlestick shows strong buying pressure over a two day period. Absence of a lower shadow also reflects strength.
Contributor: AK.
Add to FavoritesStock | HA-Close | HA-Open | HA-High | HA-Low | iSaham Score |
---|---|---|---|---|---|
MPI | 39.65 | 36.93 | 43.3 | 36.93 | 13.5 |
INARI | 3.68 | 3.51 | 3.74 | 3.51 | 13.1 |
MATRIX | 1.8 | 1.78 | 1.81 | 1.78 | 12.4 |
ESCERAM [NS] | 0.835 | 0.805 | 0.85 | 0.805 | 11.9 |
CCK | 0.62 | 0.595 | 0.63 | 0.595 | 11.6 |
D&O | 4.29 | 3.8 | 4.52 | 3.8 | 11.2 |
ITRONIC | 0.595 | 0.42 | 0.735 | 0.42 | 11.2 |
UCHITEC | 3.3 | 3.22 | 3.39 | 3.22 | 11.2 |
PMETAL | 9.72 | 9.38 | 9.81 | 9.38 | 11.1 |
ABLEGRP | 0.175 | 0.16 | 0.19 | 0.16 | 11.1 |
AWC | 0.595 | 0.53 | 0.625 | 0.53 | 11.0 |
DPIH [NS] | 0.37 | 0.335 | 0.385 | 0.335 | 11.0 |
GESHEN | 1.43 | 1.31 | 1.47 | 1.31 | 10.7 |
CYPARK | 1.6 | 1.43 | 1.67 | 1.43 | 10.5 |
DOMINAN | 0.785 | 0.74 | 0.8 | 0.74 | 10.3 |
MAA [NS] | 0.835 | 0.71 | 0.96 | 0.71 | 10.3 |
BTECH | 0.51 | 0.5 | 0.515 | 0.5 | 10.2 |
GENM [NS] | 2.93 | 2.88 | 2.96 | 2.88 | 10.2 |
PPB | 18.77 | 18.5 | 18.82 | 18.5 | 10.1 |
XIANLNG | 1.83 | 1.59 | 1.92 | 1.59 | 10.1 |
LATITUD | 4.38 | 4.12 | 4.5 | 4.12 | 9.8 |
INNITY [NS] | 0.7 | 0.48 | 0.825 | 0.48 | 9.7 |
BIMB | 4.08 | 4.03 | 4.1 | 4.03 | 9.6 |
MSM | 1.15 | 0.795 | 1.28 | 0.795 | 9.6 |
HLIND | 8.41 | 8.16 | 8.58 | 8.16 | 9.6 |
ATRIUM [NS] | 1.3 | 1.29 | 1.31 | 1.29 | 9.6 |
GFM | 0.31 | 0.19 | 0.405 | 0.19 | 9.5 |
POLY | 0.6 | 0.59 | 0.6 | 0.59 | 9.5 |
HLBANK [NS] | 18.02 | 17.7 | 18.12 | 17.7 | 9.5 |
CHEETAH | 1.49 | 1.39 | 1.55 | 1.39 | 9.4 |
IJMPLNT [NS] | 1.86 | 1.81 | 1.88 | 1.81 | 9.4 |
MCLEAN | 0.585 | 0.545 | 0.63 | 0.545 | 9.4 |
HENGYUAN | 6.18 | 5.92 | 6.43 | 5.92 | 9.4 |
BONIA | 0.885 | 0.8 | 0.94 | 0.8 | 9.2 |
HSSEB | 0.595 | 0.53 | 0.62 | 0.53 | 9.2 |
GASMSIA | 2.67 | 2.64 | 2.7 | 2.64 | 9.1 |
PBBANK [NS] | 4.21 | 4.16 | 4.25 | 4.16 | 9.1 |
ARMADA [NS] | 0.415 | 0.39 | 0.44 | 0.39 | 8.8 |
CHINHIN | 1.71 | 1.66 | 1.74 | 1.66 | 8.8 |
PUNCAK | 0.485 | 0.425 | 0.5 | 0.425 | 8.7 |
SUNSURIA | 0.48 | 0.45 | 0.495 | 0.45 | 8.7 |
COMCORP [NS] | 0.185 | 0.155 | 0.205 | 0.155 | 8.6 |
SCIB | 1.94 | 1.9 | 2.01 | 1.9 | 8.6 |
SIGN-WA | 0.11 | 0.065 | 0.135 | 0.065 | 8.6 |
ESCERAM-WB [NS] | 0.59 | 0.58 | 0.605 | 0.58 | 8.6 |
MCEMENT | 2.56 | 2.49 | 2.6 | 2.49 | 8.5 |
SIGN | 0.91 | 0.705 | 0.98 | 0.705 | 8.5 |
HLFG [NS] | 16.91 | 16.48 | 17.1 | 16.48 | 8.4 |
CSCENIC | 1.53 | 1.48 | 1.59 | 1.48 | 8.3 |
KPS | 0.985 | 0.91 | 1.03 | 0.91 | 8.3 |
MESB | 0.565 | 0.495 | 0.6 | 0.495 | 8.3 |
JADI | 0.12 | 0.1 | 0.14 | 0.1 | 8.2 |
MMCCORP | 0.825 | 0.79 | 0.84 | 0.79 | 8.2 |
MNRB [NS] | 0.99 | 0.975 | 1.0 | 0.975 | 8.2 |
WCT | 0.515 | 0.495 | 0.535 | 0.495 | 8.1 |
FBM70 | 15492.13 | 15459.66 | 15527.27 | 15459.66 | 8.1 |
YTLPOWR [NS] | 0.74 | 0.725 | 0.75 | 0.725 | 8.0 |
REVENUE | 1.95 | 1.89 | 1.98 | 1.89 | 8.0 |
P&O [NS] | 0.935 | 0.925 | 0.935 | 0.925 | 7.9 |
SIME | 2.28 | 2.21 | 2.3 | 2.21 | 7.8 |
MALTON | 0.485 | 0.47 | 0.495 | 0.47 | 7.7 |
MEDIA [NS] | 0.57 | 0.555 | 0.585 | 0.555 | 7.7 |
MKH | 1.35 | 1.31 | 1.39 | 1.31 | 7.6 |
UMS | 1.92 | 1.89 | 1.92 | 1.89 | 7.6 |
BSLCORP | 0.65 | 0.625 | 0.69 | 0.625 | 7.5 |
E&O | 0.44 | 0.42 | 0.45 | 0.42 | 7.4 |
MESB-WA | 0.24 | 0.2 | 0.26 | 0.2 | 7.4 |
EUROSP | 0.685 | 0.66 | 0.69 | 0.66 | 7.3 |
SHL [NS] | 2.1 | 2.01 | 2.12 | 2.01 | 7.3 |
SPRITZER | 1.9 | 1.87 | 1.92 | 1.87 | 7.3 |