What are Candlestick meanings in stock trading?

Candlestick meanings in stock trading refer to the charts for technical analysis of the movement of a particular stock, say for the previous six months, one year, and so on. One can get to know the opening prices, closing prices, highs, and lows of security by observing the charts.

What are candlestick patterns?

Candlestick patterns are a financial technical analysis tool that depicts daily price movement information that is shown graphically on a candlestick chart. A candlestick chart is a type of financial chart that shows the price movement of derivatives, securities, and currencies, presenting them as patterns.

What are candlesticks & how do they work?

Candlesticks are a type of chart pattern used in the stock market. They are a visual representation of price movements and open and closed prices.

What does the'real body' on a candlestick mean?

The wide part of the candlestick is called the "real body" and tells investors whether the closing price was higher or lower than the opening price (black/red if the stock closed lower, white/green if the stock closed higher). Candlestick charts display the high, low, open, and closing prices of a security for a specific period.