Heikin-Ashi Strong Buying Pressure
Last Updated: Thu, 09 Apr 2020 17:25:45
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 |
|---|---|---|---|---|---|
| HARTA | 7.42 | 7.15 | 7.54 | 7.15 | 14.3 |
| VITROX | 7.95 | 7.58 | 8.3 | 7.58 | 11.8 |
| F&N | 31.5 | 31.21 | 31.56 | 31.21 | 11.4 |
| FIHB | 0.295 | 0.19 | 0.36 | 0.19 | 11.0 |
| DIALOG | 3.14 | 3.11 | 3.17 | 3.11 | 10.7 |
| DIGI | 4.46 | 4.3 | 4.52 | 4.3 | 10.3 |
| DLADY | 44.21 | 43.83 | 44.22 | 43.83 | 10.3 |
| SUPERMX* | 1.7 | 1.66 | 1.74 | 1.66 | 9.6 |
| DUFU* | 3.23 | 3.18 | 3.28 | 3.18 | 9.5 |
| GCB | 2.25 | 2.19 | 2.28 | 2.19 | 9.4 |
| DPHARMA* | 1.42 | 1.4 | 1.43 | 1.4 | 9.3 |
| COCOLND* | 1.73 | 1.7 | 1.75 | 1.7 | 9.2 |
| JFTECH* | 1.45 | 1.42 | 1.5 | 1.42 | 9.2 |
| SPRITZER* | 1.98 | 1.91 | 1.99 | 1.91 | 9.2 |
| ELKDESA [NS]* | 1.2 | 1.19 | 1.22 | 1.19 | 8.9 |
| CARIMIN* | 0.745 | 0.725 | 0.765 | 0.725 | 8.8 |
| OPENSYS | 0.355 | 0.345 | 0.365 | 0.345 | 8.8 |
| TAKAFUL | 3.88 | 3.52 | 3.95 | 3.52 | 8.8 |
| TEOSENG* | 1.07 | 1.04 | 1.1 | 1.04 | 8.8 |
| AJI* | 13.29 | 13.09 | 13.38 | 13.09 | 8.8 |
| REVENUE* | 1.12 | 1.11 | 1.14 | 1.11 | 8.8 |
| FAVCO* | 2.02 | 1.99 | 2.03 | 1.99 | 8.7 |
| GDEX* | 0.215 | 0.21 | 0.225 | 0.21 | 8.7 |
| LIIHEN* | 1.95 | 1.92 | 2.0 | 1.92 | 8.7 |
| PARAMON* | 0.765 | 0.725 | 0.785 | 0.725 | 8.5 |
| MFCB | 4.78 | 4.65 | 4.8 | 4.65 | 8.4 |
| SERNKOU* | 0.71 | 0.64 | 0.73 | 0.64 | 8.4 |
| KERJAYA* | 0.96 | 0.895 | 1.0 | 0.895 | 8.4 |
| AHEALTH* | 2.18 | 2.08 | 2.22 | 2.08 | 8.4 |
| CYPARK* | 0.88 | 0.86 | 0.89 | 0.86 | 8.3 |
| PTARAS* | 2.72 | 2.54 | 2.74 | 2.54 | 8.3 |
| HLIND | 8.04 | 7.91 | 8.07 | 7.91 | 8.3 |
| HAPSENG [NS] | 7.44 | 7.33 | 7.5 | 7.33 | 8.3 |
| MI* | 2.06 | 2.03 | 2.09 | 2.03 | 8.3 |
| BIMB | 3.33 | 3.27 | 3.35 | 3.27 | 8.2 |
| AEONCR [NS] | 9.04 | 8.78 | 9.2 | 8.78 | 8.2 |
| ALLIANZ [NS] | 12.85 | 12.67 | 12.88 | 12.67 | 8.2 |
| PANSAR* | 0.655 | 0.65 | 0.665 | 0.65 | 8.1 |
| ESCERAM [NS] | 0.22 | 0.21 | 0.235 | 0.21 | 8.1 |
| SYMLIFE* | 0.355 | 0.315 | 0.36 | 0.315 | 8.0 |
| YSPSAH* | 1.85 | 1.82 | 1.87 | 1.82 | 8.0 |
| ARBB | 0.24 | 0.185 | 0.26 | 0.185 | 7.9 |
| MAGNI* | 1.79 | 1.73 | 1.81 | 1.73 | 7.9 |
| PETDAG | 21.13 | 20.8 | 21.28 | 20.8 | 7.9 |
| PRLEXUS | 0.59 | 0.555 | 0.615 | 0.555 | 7.9 |
| SCOMNET* | 0.62 | 0.605 | 0.635 | 0.605 | 7.9 |
| LPI [NS] | 11.95 | 11.88 | 12.02 | 11.88 | 7.9 |
| SCICOM [NS]* | 0.78 | 0.725 | 0.85 | 0.725 | 7.8 |
| KESM* | 8.02 | 7.13 | 9.0 | 7.13 | 7.8 |
| MPI | 9.95 | 9.67 | 10.2 | 9.67 | 7.7 |
| ASIAFLE* | 1.74 | 1.7 | 1.8 | 1.7 | 7.6 |
| GENP | 9.45 | 9.32 | 9.49 | 9.32 | 7.6 |
| JOHOTIN* | 1.35 | 1.33 | 1.36 | 1.33 | 7.6 |
| PMBTECH* | 2.92 | 2.84 | 2.98 | 2.84 | 7.6 |
| PMETAL | 3.67 | 3.42 | 3.72 | 3.42 | 7.6 |
| RHBBANK [NS] | 4.68 | 4.63 | 4.71 | 4.63 | 7.6 |
| PTRANS* | 0.185 | 0.18 | 0.19 | 0.18 | 7.6 |
| FPGROUP* | 0.655 | 0.64 | 0.675 | 0.64 | 7.6 |
| BAHVEST* | 0.4 | 0.385 | 0.41 | 0.385 | 7.5 |
| CHGP | 0.295 | 0.28 | 0.305 | 0.28 | 7.5 |
| HCK [NS]* | 1.23 | 1.2 | 1.23 | 1.2 | 7.5 |
| MATRIX* | 1.72 | 1.65 | 1.78 | 1.65 | 7.5 |
| PADINI | 2.21 | 2.13 | 2.3 | 2.13 | 7.5 |
| HOHUP* | 0.39 | 0.365 | 0.39 | 0.365 | 7.4 |
| HEXZA [NS] | 0.77 | 0.735 | 0.78 | 0.735 | 7.4 |
| MAYBANK [NS] | 7.9 | 7.75 | 7.94 | 7.75 | 7.4 |
| DAIBOCI* | 1.98 | 1.93 | 2.01 | 1.93 | 7.2 |
| MMSV | 0.555 | 0.525 | 0.57 | 0.525 | 7.2 |
| FOCUSP | 0.435 | 0.415 | 0.45 | 0.415 | 7.2 |
| LKL | 0.26 | 0.24 | 0.265 | 0.24 | 7.2 |