Username: LuckyWoman Rating: Asked to: Heng Kim Date Created: 13 Feb 2015 |
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Category | 28 |
Tag | Forex |
Question | What is the candlestick? |
Hello Lucky Woman, A chart that displays the high, low, opening and closing prices for a security for a single day. The wide part of the candlestick is called the "real body" and tells investors whether the closing price was higher or lower than the opening price (black/red if the stock closed lower, white/green if the stock closed higher). The candlestick's shadows show the day's high and lows and how they compare to the open and close. A candlestick's shape varies based on the relationship between the day's high, low, opening and closing prices. |
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