Candlestick Charts

A chart that displays the open, high, low, and close prices of a security for each time period and illustrates the relationship between these prices. The chart elements look like a candlestick with wicks at both ends. The actual candle portion is called the ""real body"" and is determined by the day's open and close prices. The wicks, called ""shadows,"" show the price range for the day. When the close is higher than the open, the body is colored red (if color is available) or left white. When the close is lower than the open, the body is filled in or colored black.

 

 

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