Full Guide to Chip Distribution Analysis for Industries and Individual Stocks: A Practical Manual for Traders 1 Fundamental Analysis of Chip Distribution 1.1 Core Concepts and Market Implications Chip distribution (also known as cost distribution) is a technical analysis tool that displays the holding cost structure of stocks. It calculates the volume distribution across different price ranges to visually present the concentrated areas of shareholding costs among market participants. In stock quotation software, chip distribution is shown graphically to illustrate the quantity of tradable shares held by market participants at various price levels. Due to its intuitive visual form, chip distribution exhibits distinct morphological features when measuring stock holding cost structures. These