股票背离：图解与解读

中文版

股票背离，又称为技术背离，是技术分析中的一种常见现象。它发生在股价和某些技术指标之间出现不一致的情况，即当股价创出新高或新低时，技术指标却未能达到相应的高点或低点。背离分为正背离和负背离两种。

正背离：当股价创出新高，但技术指标却未能同步达到新高，这通常暗示股价可能即将见顶。这种背离情况往往出现在股价的顶部区域，是卖出的信号。

负背离：当股价创出新低，但技术指标却未能同步达到新低，这通常暗示股价可能即将见底。这种背离情况往往出现在股价的底部区域，是买入的信号。

图解背离时，投资者可以通过绘制股价和技术指标的图表，观察它们之间的走势关系。当发现股价和技术指标走势不一致时，就可能是背离出现的时候。

背离的解读需要结合市场走势、基本面分析等其他因素。投资者在使用背离时，应注意其局限性，不可盲目依赖。同时，应结合其他分析工具和方法，提高判断的准确性。

英文版

Stock Divergence: Illustrated and Explained

English Version

Stock divergence, also known as technical divergence, is a common phenomenon in technical analysis. It occurs when there is a discrepancy between stock prices and certain technical indicators, meaning that when stock prices reach new highs or lows, the technical indicators fail to reach corresponding highs or lows. Divergence can be classified into positive divergence and negative divergence.

Positive Divergence: When stock prices reach new highs, but the technical indicators fail to reach new highs simultaneously, it usually suggests that the stock price may be nearing a peak. This type of divergence often occurs in the overbought region of the stock price, serving as a sell signal.

Negative Divergence: When stock prices reach new lows, but the technical indicators fail to reach new lows simultaneously, it usually indicates that the stock price may be nearing a bottom. This type of divergence often appears in the oversold region of the stock price, acting as a buy signal.

To illustrate divergence, investors can plot charts of stock prices and technical indicators, observing their relationship. Divergence occurs when there is a mismatch between the movements of stock prices and technical indicators.

When interpreting divergence, investors should consider market trends, fundamental analysis, and other factors. When using divergence, investors should be aware of its limitations and not rely on it blindly. Instead, they should combine it with other analytical tools and methods to improve the accuracy of their judgments.