What do red and green candlesticks mean?

Red and green candlesticks are indicators of the up and down of stock prices. For example, a green candlestick on the chart indicates that the opening price was lower than the closing price that day. In other words, you can say the price moved up during the day.

What is a candlestick in trading?

A candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. It originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United States.

What does a candlestick look like?

A candlestick has a body and shadows, sometimes called the candle and wicks. The wicks are an asset's high and low price, and the top and bottom of the candle are the open and close price. As Japanese rice traders discovered centuries ago, traders' emotions have a major impact on that asset's movement.

What is a daily Candlestick?

Just like a bar chart, a daily candlestick shows the market's open, high, low, and close prices for the day. The candlestick has a wide part called the "real body." This real body represents the price range between the open and close of that day's trading.