Heikin-Ashi Strong Selling Pressure

Heikin-Ashi Strong Selling Pressure

Last Updated: Fri, 15 Feb 2019 17:18:46

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 filled Heikin-Ashi candlestick shows strong selling pressure over a two day period. Absence of an upper shadow also reflects selling pressure.

Contributor: Azhar Khamaruzaman.

Add to Favorites

Stock HA-Close HA-Open HA-High HA-Low iSaham Score
LPI [NS] 16.38 16.61 16.61 16.36 14.5
PANAMY [NS] 38.05 38.13 38.13 38.0 13.0
LEESK 0.95 0.965 0.965 0.95 11.6
AIRASIA [NS] 3.06 3.1 3.1 3.05 11.6
LIIHEN* 2.8 2.84 2.84 2.75 11.5
AJI* 18.7 18.77 18.77 18.6 11.0
ABMB [NS] 4.16 4.19 4.19 4.14 9.7
BURSA [NS] 7.17 7.28 7.28 7.09 9.3
ASTRO [NS] 1.58 1.6 1.6 1.56 9.2
PIE* 1.64 1.66 1.66 1.62 8.9
IDEAL 1.22 1.24 1.24 1.21 8.9
GUNUNG [NS] 0.35 0.37 0.37 0.345 8.8
LONBISC [NS] 0.575 0.6 0.6 0.555 8.8
PADINI 3.38 3.48 3.48 3.36 8.7
YSPSAH* 2.75 2.75 2.75 2.74 8.7
BAT [NS] 36.44 36.68 36.68 36.28 8.4
CARIMIN 0.87 0.895 0.895 0.85 8.3
WILLOW* 0.47 0.475 0.475 0.46 8.2
AXREIT 1.68 1.72 1.72 1.67 8.1
TENAGA 13.04 13.1 13.1 12.96 8.1
PAVREIT [NS] 1.69 1.74 1.74 1.68 8.0
CJCEN 0.5 0.505 0.505 0.495 7.9
ATLAN [NS]* 4.38 4.41 4.41 4.35 7.6
OCK* 0.57 0.575 0.575 0.56 7.5
ORION 0.17 0.17 0.17 0.165 7.5
DOLPHIN 0.13 0.13 0.13 0.125 7.4
3A* 0.835 0.85 0.85 0.83 7.2
ALAQAR 1.35 1.39 1.39 1.34 7.1
CHHB-WB 0.44 0.45 0.45 0.415 7.1
PERSTIM* 4.83 4.84 4.84 4.83 7.0
APEX [NS]* 0.99 1.01 1.01 0.99 7.0
CVIEW 1.42 1.48 1.48 1.37 6.8
AWC 0.69 0.71 0.71 0.685 6.7
AHB 0.14 0.14 0.14 0.135 6.7
MQREIT [NS] 1.08 1.09 1.09 1.07 6.6
PNEPCB 0.52 0.55 0.55 0.515 6.5
PRLEXUS 0.575 0.58 0.58 0.575 6.5
KAWAN* 1.73 1.75 1.75 1.72 6.3
KLCC 7.76 7.79 7.79 7.75 6.3
JAKS-WB 0.32 0.32 0.32 0.315 6.3
IOIPG 1.6 1.62 1.62 1.58 6.2
MICROLN 0.485 0.495 0.495 0.47 6.2
NOTION* 0.625 0.635 0.635 0.62 6.2
OCNCASH 0.46 0.465 0.465 0.455 6.2
AEON 1.52 1.53 1.53 1.51 6.2
WANGZNG [NS] 1.19 1.27 1.27 1.17 6.2
TOYOINK 0.635 0.655 0.655 0.63 6.0
ACOSTEC 0.42 0.425 0.425 0.41 6.0
TOMEI [NS] 0.535 0.56 0.56 0.52 5.9
YTL [NS] 1.1 1.12 1.12 1.08 5.9
TAANN* 2.43 2.46 2.46 2.41 5.8
THPLANT* 0.585 0.595 0.595 0.58 5.8
WTK* 0.51 0.51 0.51 0.505 5.8
CMMT [NS] 1.08 1.1 1.1 1.07 5.7
TROP* 0.875 0.885 0.885 0.87 5.6
RGTECH 0.25 0.255 0.255 0.245 5.4
PGLOBE [NS] 1.02 1.05 1.05 1.0 5.2
EUPE 0.565 0.575 0.575 0.56 5.1
SCGM* 1.23 1.24 1.24 1.23 5.1
N2N* 0.95 0.965 0.965 0.945 5.0
CRESNDO* 1.22 1.27 1.27 1.22 4.9
MEXTER 0.38 0.39 0.39 0.375 4.9
SMCAP-WC 0.085 0.095 0.095 0.085 4.9
TAMBUN* 0.765 0.775 0.775 0.76 4.7
MEGASUN 0.175 0.18 0.18 0.17 4.7
ATURMJU 0.285 0.3 0.3 0.28 4.6
PLB [NS] 1.23 1.27 1.27 1.21 4.6
WCEHB* 0.56 0.57 0.57 0.56 4.6
SANBUMI 0.345 0.355 0.355 0.34 4.5
TOMYPAK* 0.63 0.64 0.64 0.62 4.5