Open-High-Low-Close Chart

Definition

Open-high-low-close Chart shows us the movement of price over time. There are vertical lines marked on the chart to show the price. If we draw this chart for the day, then the leftmost bar will indicate the opening price of the day. The closing price of the day will be the rightmost bar.

Why do you need it?

It is very useful to understand the movement of price and select the best time for investing. It looks attractive, and it is easy to understand and predict the further movement of price.

What kind of data you can visualize with it?

You can visualize the stock of a company by Open-high-low-close Chart. You can analyze this chart if you want to invest by purchasing stocks. It will give you a brief insight into the important information and remove the unwanted data.

Category

  • Uncategorized

Similar