Heikin-Ashi Strong Buying Pressure
Last Updated: Mon, 22 Apr 2019 17:04:39
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: Azhar Khamaruzaman.
Add to Favorites| Stock | HA-Close | HA-Open | HA-High | HA-Low | iSaham Score |
|---|---|---|---|---|---|
| GCB [NS]* | 3.9 | 3.69 | 4.12 | 3.69 | 14.2 |
| TIMECOM | 9.05 | 8.99 | 9.07 | 8.99 | 14.1 |
| PENTA* | 4.21 | 4.13 | 4.23 | 4.13 | 13.2 |
| SCIENTX | 8.79 | 8.75 | 8.8 | 8.75 | 12.8 |
| DPHARMA* | 1.33 | 1.32 | 1.34 | 1.32 | 12.6 |
| SUNCON* | 2.04 | 1.98 | 2.09 | 1.98 | 12.4 |
| KGB* | 1.37 | 1.33 | 1.4 | 1.33 | 12.2 |
| DUFU* | 2.03 | 1.87 | 2.06 | 1.87 | 12.1 |
| JHM* | 1.34 | 1.3 | 1.37 | 1.3 | 12.1 |
| DIALOG | 3.18 | 3.15 | 3.19 | 3.15 | 12.0 |
| JOHOTIN* | 1.5 | 1.46 | 1.53 | 1.46 | 12.0 |
| MRCB | 1.03 | 0.945 | 1.06 | 0.945 | 12.0 |
| KERJAYA* | 1.31 | 1.27 | 1.34 | 1.27 | 12.0 |
| HARTA | 4.78 | 4.72 | 4.88 | 4.72 | 11.6 |
| PADINI | 4.04 | 3.96 | 4.11 | 3.96 | 11.4 |
| SCOMNET* | 0.865 | 0.86 | 0.875 | 0.86 | 11.3 |
| GBGAQRS* | 1.43 | 1.4 | 1.48 | 1.4 | 11.2 |
| MAGNI* | 4.65 | 4.58 | 4.67 | 4.58 | 11.1 |
| MYNEWS [NS]* | 1.42 | 1.41 | 1.43 | 1.41 | 11.1 |
| SLP [NS]* | 1.27 | 1.24 | 1.29 | 1.24 | 10.9 |
| TALIWRK* | 0.925 | 0.915 | 0.935 | 0.915 | 10.8 |
| HIBISCS* | 1.17 | 1.13 | 1.2 | 1.13 | 10.8 |
| PAVREIT [NS] | 1.83 | 1.81 | 1.84 | 1.81 | 10.8 |
| ATAIMS* | 1.77 | 1.75 | 1.77 | 1.75 | 10.7 |
| GADANG* | 0.84 | 0.7 | 0.96 | 0.7 | 10.7 |
| MYEG | 1.65 | 1.58 | 1.7 | 1.58 | 10.5 |
| DAIBOCI* | 2.04 | 1.89 | 2.1 | 1.89 | 10.4 |
| ORIENT [NS] | 6.78 | 6.76 | 6.78 | 6.76 | 10.4 |
| MGRC | 0.33 | 0.27 | 0.36 | 0.27 | 10.3 |
| WPRTS | 3.83 | 3.78 | 3.88 | 3.78 | 10.3 |
| DUTALND* | 0.535 | 0.53 | 0.54 | 0.53 | 10.1 |
| MALTON* | 0.64 | 0.56 | 0.675 | 0.56 | 10.1 |
| MASTER | 0.82 | 0.79 | 0.825 | 0.79 | 10.1 |
| CRESBLD | 1.12 | 1.09 | 1.14 | 1.09 | 10.0 |
| YOCB | 1.18 | 1.17 | 1.19 | 1.17 | 10.0 |
| EKOVEST* | 0.93 | 0.61 | 0.97 | 0.61 | 9.9 |
| SIME | 2.3 | 2.23 | 2.38 | 2.23 | 9.9 |
| MAYBANK [NS] | 9.13 | 9.06 | 9.19 | 9.06 | 9.9 |
| MFCB* | 3.82 | 3.79 | 3.84 | 3.79 | 9.6 |
| SGB | 1.5 | 1.13 | 1.7 | 1.13 | 9.6 |
| KOBAY | 1.42 | 1.38 | 1.45 | 1.38 | 9.3 |
| FAJAR | 0.465 | 0.405 | 0.52 | 0.405 | 9.2 |
| PLS* | 1.17 | 0.97 | 1.27 | 0.97 | 9.2 |
| TRC* | 0.75 | 0.72 | 0.765 | 0.72 | 9.1 |
| WCT* | 1.02 | 0.95 | 1.09 | 0.95 | 9.1 |
| BURSA [NS] | 6.88 | 6.83 | 6.92 | 6.83 | 9.1 |
| OSK [NS]* | 0.985 | 0.97 | 0.995 | 0.97 | 9.1 |
| DANCO | 0.615 | 0.6 | 0.63 | 0.6 | 9.1 |
| KIMLUN* | 1.4 | 1.31 | 1.45 | 1.31 | 9.0 |
| KSENG [NS]* | 4.78 | 4.75 | 4.8 | 4.75 | 9.0 |
| BPPLAS | 1.08 | 1.07 | 1.09 | 1.07 | 8.9 |
| GKENT* | 1.32 | 1.26 | 1.38 | 1.26 | 8.9 |
| INTA | 0.29 | 0.275 | 0.305 | 0.275 | 8.9 |
| ELSOFT* | 0.995 | 0.97 | 1.02 | 0.97 | 8.8 |
| GAMUDA | 3.24 | 3.09 | 3.37 | 3.09 | 8.8 |
| OFI | 0.82 | 0.785 | 0.84 | 0.785 | 8.8 |
| UEMS | 0.95 | 0.87 | 1.02 | 0.87 | 8.8 |
| GTRONIC* | 2.01 | 1.97 | 2.03 | 1.97 | 8.7 |
| OKA | 0.705 | 0.67 | 0.735 | 0.67 | 8.7 |
| HOHUP | 0.505 | 0.46 | 0.515 | 0.46 | 8.6 |
| TSRCAP | 0.525 | 0.455 | 0.59 | 0.455 | 8.6 |
| JMR | 1.08 | 1.06 | 1.09 | 1.06 | 8.5 |
| KUCHAI [NS]* | 1.7 | 1.64 | 1.72 | 1.64 | 8.5 |
| KKB* | 1.27 | 1.24 | 1.29 | 1.24 | 8.4 |
| VS* | 1.13 | 1.08 | 1.17 | 1.08 | 8.4 |
| FLBHD [NS] | 1.63 | 1.58 | 1.65 | 1.58 | 8.4 |
| ZHULIAN* | 1.48 | 1.42 | 1.49 | 1.42 | 8.3 |
| MMSV | 0.845 | 0.83 | 0.85 | 0.83 | 8.2 |
| SUCCESS | 0.95 | 0.84 | 0.97 | 0.84 | 8.2 |
| DBHD | 0.47 | 0.45 | 0.49 | 0.45 | 7.9 |