The index of a million stupas is equal to (the highest price minus the lowest price) divided by 2 times the transaction volume divided by 1000000. Million Pagoda Index is a technical analysis index, which is used to measure the degree of price fluctuation and analyze financial markets such as stocks, futures and foreign exchange. Highest price: the highest price in a specific period. Lowest price: the lowest price in a specific period. Volume: the volume of transactions in a specific period. The calculation result is the index value of one million towers, which is used to measure the price fluctuation. The higher the index value, the greater the price fluctuation. The lower the index value, the smaller the price fluctuation.