Candlestick charts are important for technical analysis. They show price action during a trading period. Each candlestick has four main parts: open, high, low, and close prices.

Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll break down the basics for you here.

Let’s take a look at a candlestick chart for Microsoft for the trading week of 02/14/2022, wherein each candle represents one trading day. This chart shows price data for Microsoft for the ...

Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.

Spend enough time looking at a candlestick chart and reading individual candles will become second-nature. Then, it’s a matter of putting together this information to glean insight about a stock’s ...

A valuable tool in technical analysis, Heikin-Ashi charts smooth out price action, and candlestick charts can make it easier to spot trends and reversals when trading.

Candlestick charts show traders a larger picture of market movement by including opening, closing, high, and low prices. In contrast, line charts show only the closing prices. Identifying ...

Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick ...

Candlestick charts are a cornerstone in technical analysis and perhaps one of the earliest forms of technical analysis, having been developed in the 18th century in Japan by rice trader Munehisa ...

Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll break down the basics for you here.