Candlestick Chart

Definition

A candlestick chart displays price data using candle-shaped bars showing open, high, low, and close prices for a time period. A bullish (green/white) candle closes higher than it opens; a bearish (red/black) candle closes lower. Candlestick patterns like Doji, Hammer, and Engulfing are used to predict reversals.

Related Terms

Doji Trend

More Technical Analysis Terms

Technical Analysis Fundamental Analysis Support and Resistance Trend Line Trend Moving Average (MA)Exponential Moving Average (EMA)Simple Moving Average (SMA)Relative Strength Index (RSI)MACD (Moving Average Convergence Divergence)