What is a Stocks Price Chart?
A stocks price chart is a representation of a sequence of stocks prices drawn on a graph as a stocks chart representation of stocks price movements.
This stocks price movement is then drawn over a period of time and this stocks chart price moves drawn on the stock chart can be used to analyze the movement of a particular stocks instrument so as to determine if the stocks trend for that stocks instrument is down or up.
Stocks Price Charts
A stock trading price chart provides a representation of exchange rates (drawn on the y-axis) against time (drawn on the x-axis) for stocks.
The movement of stocks prices is drawn on these stocks price charts. The chart can be drawn as candlestick stocks price charts like the one below or as line stocks price charts or bar stocks price charts.
What is a Stocks Price Chart? - What is a Stocks Price Chart? - What are Stocks Charts
Technical analysis of stocks charts is then applied to these charts by using stocks tools provided by the stocks software. For example stocks MT4 platform provided stocks indicators and stocks line studies that can be used to analyze these stocks trading charts.
Stocks charts can also be drawn using different chart timeframes.
The different chart timeframes are used by different types of stock traders.
For example:
- Stocks scalper use the 1 minute chart timeframe and the 5 minute chart timeframes
- Stocks day traders use the 15 minute chart timeframe and the 1 hour stocks chart timeframes
- Stocks swing traders use the 4 hour stocks chart timeframe and the daily chart timeframes
Periodicity Toolbar Menu on Stock Trading Platform
Periodicity just means chart timeframes, in MT4 stocks platform this charts time frames toolbar is used to select which chart time-frames to trade with.
Stocks Price Chart Time frames - What are Stocks Price Charts?
The stocks price charts - chart timeframes listed on the MT4 platform are:
- 1 Min - M1
- 5 Min - M5
- 15 Min - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
Type of Stocks Price Charts
The three common types of stocks price charts used in stock trading are:
- Candlestick Stocks Price Charts
- Line Stocks Price Charts
- Bar Stocks Price Charts
These 3 types of stocks price charts are covered in the topic Stock Chart Types.
