On a stock chart, what do the bar and vertical lines parsimonious?
I figure out the x-axis is time and the y-axis is price, but what do the vertical misty and lighting lines and bar give an account you?
Answers:
On a "OHLC public house chart," the price is represented by lines or bar which enjoy little things sticking out of them. This is what Califrich be describing to you.
On most charts, you see the price on the top and below the price in that are some bar. Those bar are call the VOLUME. The volume bar inform us how masses shares be traded during the session. On a day after day chart, respectively fishing rod indicates sometime. So, the size of a shaft tell you how lots shares be traded on a correct time. On a weekly chart, respectively fishing rod shows the total number of shares traded during a confident week. On a monthly chart, respectively banister represents one month...
The vertical tablet shows the total compass (high to low) for the light of day (or if it is a weekly chart, the week; a monthly chart, the month, etc.). The horizontal handrail that face right shows the close, and the one that face gone shows the widen.
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Answers:
On a "OHLC public house chart," the price is represented by lines or bar which enjoy little things sticking out of them. This is what Califrich be describing to you.
On most charts, you see the price on the top and below the price in that are some bar. Those bar are call the VOLUME. The volume bar inform us how masses shares be traded during the session. On a day after day chart, respectively fishing rod indicates sometime. So, the size of a shaft tell you how lots shares be traded on a correct time. On a weekly chart, respectively fishing rod shows the total number of shares traded during a confident week. On a monthly chart, respectively banister represents one month...
The vertical tablet shows the total compass (high to low) for the light of day (or if it is a weekly chart, the week; a monthly chart, the month, etc.). The horizontal handrail that face right shows the close, and the one that face gone shows the widen.