candlestick chart

Definitions

Banking

  • noun a chart similar to a bar chart, but showing the opening and close as well as the high and low figures for a particular period. These are shown as lines standing up on top of the body of the chart or hanging down beneath it, so that they look a little like the wick on a candle.

Forex

  • (written as Candlestick Chart)
    A technique for charting changes in exchange rates or securities prices, that displays the high, low, opening, and closing rates or prices, and indicates if the closing price was higher or lower than the opening price. The candlestick chart provides an efficient way to take in price or rate movement data, and is frequently used to drive trading strategies.
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