Candlestick

A Candlestick chart displays the body of the "candle" as a filled rectangle. The top of the rectangle is the highest of the open and the close. The bottom of the rectangle is the lowest of the open and the close. An "up day" is when the close is above the open and a "down day" is when the close is below the open.

Traditionally "up days" are drawn as an open rectangle and "down days" are filled with black. However tradition in electronic color display is to show an "up day" as a green rectangle and a "down day" as a red rectangle. The "wicks" of the "candle" are lines from the lowest of the open and the close to the low and the highest of the open and the close to the high.

This is a very popular way of looking at the market in Japan and the rest of Asia. Candlestick charts are available in the Custom Chars section of our site.