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Bar
Charts
Description
A
bar chart is the most popular way to display
security prices. A
bar chart is made up of vertical bars, with each
bar representing the price movement for a time
period (i.e., hour, day, week, month, etc.).
Hash marks on the left and right sides of
the bar represent the opening and closing prices
respectively. The
top of the bar represents the high price and the
bottom of the bottom represents the low price.
Interpretation
Bar
charts, by themselves are used to view the
movement of the security's prices over a specific
time period. Indicators
and line studies can be displayed along with bar
charts to help determine the future direction of
the security's price. |
