1. Bar charts (HLC / OHLC)– This is the most widely used chart and the default I use myself on this site. It is constructed to show four pieces of information: opening price (optional), closing price, high of the day, and low of the day. Looking at each day’s history, a vert...
Read this article because it gives the 50,000-foot view on reading stock charts, a fundamental skill for enhancing your trading decisions in the stock market.
Further study of the bar charts leads to the individual bars. Depending on the time frame, each bar will contain the open, high, low, and close of the price for the specified period. What you should recognize are where it opened, where it closed, and the range in fluctuations. The open...
There is a lot of misinformation circulating about stocks online. The only way to avoid being manipulated is to look closely at data and make decisions based on that information. Learn More: Stock Market for Beginners I’m Lazy and Beat The Stock Market How to Read Stock Charts Now that yo...
If you’re going to actively trade stocks as a stock market investor, then you need to know how to read stock charts.
To read stock charts you need to use stock charting software, select your chart type, configure your timeframe, determine price direction using trendlines and use indicators to estimate future prices.
If you're just learning how to read stock charts, it's easy to become overwhelmed with the many looks and uses of technical analysis and charting. Here, we'll simplify things by narrowing the choices down to the three most common chart types: line, bar, and candlestick. Then we'll exam...
Stock charts are graphs that show you how a stock behaves over a period of time. For example, stock charts can help you track a stock's up or down movement and may indicate the best time to buy or sell a stock. Stock charts help you figure out your next
To fully understand how to invest in stocks and the best time to buy, you also need to have a sound approach to stock market timing, as covered earlier. Keeping in mind these other aspects of stock investing, let's focus on how to read stock charts and understand technical analysis. ...
When trying to readstocks, anyone who has tried to look at stock charts may get overwhelmed by the myriad of lines that shoot up or down. Not to mention the varying numbers and labels that do not seem to make sense. But just as it’s crucial to invest to achieve financial freedom, it...