Candlestick Chart
Candlestick charts are Japanese invention. In 18th century candlesticks were used for predicting rice prices in Japan.
Candlestick chart show the same information as a bar chart, but in a prettier, graphic format.
Candlestick bars still indicate the high-to-low range with a vertical line.
Body is black (RED) means the closing price is lower than the opening price.
Body is white (GREEN) means the closing price is higher than the opening price.
Thin line above and below the body is called shadows and represent day’s high and low.
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