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Tagged: . Bar Charts, . Candle Sticks, Line Charts
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>1. Line Chart – Connects only the price points. Cons – when data points are high, its useful. Pros – No idea about the price details of a day.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>2. Bar Chart – Gives the price details of the day (including the open, high, low, close). Pros – clear indication of daily data. Cons – visibility is low</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>3. Candle Stick Chart – Gives the price details of the day but with the color code (it has a box structure, looking like a candle). Pros – Clear visibility and daily data.</p>
Line charts
Bar chart
Candlestick
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There are 3 types of charts:
Line Chart – share price marked and connected using a line
Bar Charts – indicates the high, low, opening and closing price of shares on a particular day
Candlestick – similar to bar charts but user friendly to read and understand
There are line charts, bar charts and candlesticks charts.
Line charts: connected with line on daily traded price and useful for analyzing the trend.
Bar charts: Contains additional information on the open, close, high low for each day in bar type.
Candle sticks : Similar to Bar chart but provides better readability.
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