Candlesticks

candlesticks

A candlestick is a way to visualize a data set for a given time frame. They display the start and the end of the time frame, making up what is known as the real body. Green candlesticks indicate an upward movement, opening at the bottom of the real body and closing at the top. Red candlesticks indicate a downward movement, opening at the top and closing at the bottom of the real body. The highs and the lows are shown with wicks, or upper and lower shadows, which represent that the market reached that value before the close of the candlestick during the specified time frame. The range of a candlestick can be calculated by subtracting the high from the low. A wide range of the bars is an indication of volatility.

Anatomy of a Candlestick


Upward Moving Candle


Green-Candle-stick

Downward Moving Candle


Red-Candle-stick