Candlestick Chart, Definition
A technical analysis charting method. The Candlestick Chart is a price chart that displays the high, low, open, and close over a specified period of time. It adds dimension and color to the Bar Chart by depicting the area of the bar between the open and close as a two dimensional real body. This area is shaded white or green for an up time period and black or red for a down time period. Extensions beyond the range of opening and closing prices are shown as lines that reach to the high and low reached within the given time period. See also: Japanese Candlesticks