What is a bearish Candlestick?

This is the definition of a bearish candlestick: a bearish candlestick is a candlestick which has a lower closing price than the opening price in a given period or timeframe. In other words, price opened at a high price and ended lower. the closing price is lower than the opening price.

What is a black candlestick?

Following a stretch of bullish trades, a bearish or black candlestick occurs. The opening price, which becomes the high for the day, is higher than the close of the previous day. The stock price declines throughout the day, resulting in a long black candlestick with a short lower shadow and no upper shadow.

What is a candlestick & how does it work?

A candlestick's shape varies based on the relationship between the day's high, low, opening and closing prices. Candlesticks reflect the impact of investor sentiment on security prices and are used by technical analysts to determine when to enter and exit trades.

What is a candlestick chart?

Candlestick charts display the high, low, open, and closing prices of a security for a specific period. Candlesticks originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United States. Candlesticks can be used by traders looking for chart patterns.