Candlestick Chart

DEFINITION A price chart that displays the high, low, open, and close for a security each day over a specified period of time.
DESCRIPTION
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A candlestick chart is a style of bar-chart used primarily to describe price movements of a security, derivative, or currency over time. It is a combination of a line-chart and a bar-chart, in that each bar represents the range of price movement over a given time interval. It is most often used in technical analysis of equity and currency price patterns. They appear superficially similar to error bars, but are unrelated.

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