Technical analysis

Candlestick

A candlestick is a chart bar that shows, for a given period, the open, close, high and low prices.

The body links the open and close; the wicks show the extremes. Green (or white) = close above open (up), red (or black) = down. It is the foundation of modern technical analysis.

Example

A green candle with a small body and a long lower wick shows sellers pushed the price down, then buyers brought it back.

Related terms

Ready to put it into practice?

Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.

← All terms