What is a Candlesticks Chart in Stocks?

Types of Charts in Stocks

There are Three types of charts used in Stocks: Line charts, bar charts & candles charts.

Candlesticks Charts - the candlesticks charts use the same price data as bar charts (open, high, low, and close). However, they in a much more easily identifiable way which looks like a candlestick with wicks on both ends.

How to Read Stocks Candlestick Charts

The rectangle part is known as body.

The high and low are described as shadows & plotted as poking lines.

How to Read Stocks Candlestick Charts - What is a Candlesticks Chart in Stocks?

The color of the stocks trading candlestick is either blue or red

• (Blue or Green Color candle) - Stocks Prices moved up
• (Red Color candlestick) - Stocks Prices moved down

Most trading platforms like the MT4 Stocks Platform , use colors to mark the direction. Colors used are blue or green: - green candle-stick when price moves up, red candle stick when price moves down.