Moving Average Class-1
Moving Average Class-2
In the Price chart, both the Candlestick and Open-High-Low-Close (OHLC) chart styles convey extra meaning when compared to a simple line chart. Instead of a single point (i.e. the closing price), the day’s activity is shown as a symbol, in which the day’s 4 data points (i.e. the open, high, low and closing prices) are drawn.
The red and green versions of the Candlestick and OHLC chart styles convey extra meaning through the colors. This same meaning is also visible in the monochrome version of these chart styles, but some investors find the green and red versions help them to interpret the meaning faster.
The next chart shows the “Candlestick Green/Red” stock chart type in action. A green candlestick means that the opening price on that day was lower than the closing price that day (i.e. the price moved up during the day); a red candlestick means that the opening price was higher than the closing price that day (i.e. the price moved down during the day).
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