Heikin-Ashi Strong Buying Pressure

Last Updated: Thu, 06 May 2021 12:30:56

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 Favorites

Stock	HA-Close	HA-Open	HA-High	HA-Low	iSaham Score
SWKPLNT	2.48	2.45	2.51	2.45	13.2
BKAWAN	18.75	18.65	18.8	18.65	11.8
PENSONI [NS]	0.855	0.76	0.89	0.76	11.7
PANAMY [NS]	31.57	31.46	31.6	31.46	11.4
ASTINO	1.66	1.62	1.69	1.62	11.2
LSTEEL	0.795	0.725	0.825	0.725	10.5
WIDETEC [NS]	1.49	1.19	1.66	1.19	10.4
ENGTEX	0.865	0.79	0.905	0.79	10.4
FIAMMA	0.62	0.615	0.625	0.615	10.3
MESTRON	0.425	0.405	0.44	0.405	9.5
CARIMIN	0.72	0.7	0.73	0.7	9.2
EDGENTA	1.96	1.86	2.0	1.86	9.2
PERSTIM	4.3	4.2	4.37	4.2	9.2
FAJAR	0.85	0.8	0.87	0.8	9.0
GPHAROS	0.545	0.51	0.57	0.51	9.0
TOCEAN	6.43	5.84	6.85	5.84	9.0
TELADAN	0.745	0.73	0.75	0.73	9.0
GASMSIA	2.73	2.71	2.73	2.71	8.8
WONG	0.915	0.89	0.925	0.89	8.8
ANALABS [NS]	1.21	1.17	1.22	1.17	8.7
KARYON	0.265	0.245	0.27	0.245	8.6
HHGROUP	0.805	0.73	0.845	0.73	8.5
HPPHB	0.645	0.61	0.665	0.61	8.4
EVERGRN	0.485	0.445	0.515	0.445	8.1
AFUJIYA	0.475	0.465	0.485	0.465	7.9
MINHO	0.4	0.38	0.42	0.38	7.8
PCCS	0.535	0.51	0.55	0.51	7.5
MINHO-WC	0.075	0.07	0.085	0.07	7.4
CAB [NS]	0.445	0.425	0.465	0.425	7.3
OCB	0.73	0.675	0.76	0.675	7.3
CANONE [NS]	3.06	2.94	3.14	2.94	7.2
BCB [NS]	0.32	0.31	0.32	0.31	7.2
IMASPRO	2.08	2.06	2.1	2.06	7.1
PENSONI-WB [NS]	0.28	0.24	0.3	0.24	6.8
MAYBULK [NS]	0.755	0.71	0.79	0.71	6.6
SJC	1.65	1.62	1.65	1.62	6.6
CABNET	0.265	0.265	0.27	0.265	6.6
BTM-WB	0.135	0.13	0.14	0.13	6.5
HLIND	9.46	9.43	9.49	9.43	6.3
IBRACO	0.535	0.525	0.54	0.525	6.2
TANCO [NS]	0.095	0.085	0.1	0.085	6.2
SANICHI	0.275	0.26	0.28	0.26	6.0
SEDANIA	0.3	0.265	0.34	0.265	5.4
BTM	0.225	0.22	0.235	0.22	5.4
MEDIA [NS]	0.575	0.555	0.595	0.555	5.2
TANCO-WB [NS]	0.04	0.035	0.045	0.035	5.2
HUBLINE	0.04	0.04	0.045	0.04	4.3
KTG	0.22	0.215	0.23	0.215	4.0