Candle Stick Chart
Candle Stick chart is the oldest charting method used to determine the price of the securities.

The real body of the candle stick chart represents the range between the operating and closing prices.


• If the closing price is less than the opening price, the body (rectangle structure) of the candle stick is filled with black to indicate the bearish factor of the security.
• If the closing price is more than the opening price, the body (rectangle structure) of the candle stick is filled with white to indicate the bullish factor of the security.
• The line (upper shadow) above the candlestick body is used to represent the high price for the stock.
• The line below the candlestick body represents the low price for the stock.
• The candle stick without the upper line indicates the stock closed or opened at a high price.
• The candle stick without the lower line indicates the stock closed or opened at the same price as a low price.

 

 
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