Light a Candleīelieved to have been developed in the 1800s (though some estimate the technique to be much older) by Japanese merchants to track the price of rice futures, candlestick charts gained traction in the U.S. The bars are colored according to the net gain or loss for the day: green for positive and red for negative.īar charts are also sometimes referred to as OHLC charts (open-high-low-close). The right hatch mark indicates the closing price. A hatch mark on the left indicates the day’s opening price. Past performance does not guarantee future results.Ī vertical line shows the highest and lowest prices achieved per period. ![]() ![]() ![]() Image source: The thinkorswim ® platform from TD Ameritrade. This bar chart of the S&P 500 (SPX) shows intraday movement, color coded to the day’s overall gain or loss.
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