A candlestick is a chart that displays the high, low, opening and closing prices of a security for a specific period. The wide part of the candlestick is called the “real body” and tells investors whether the closing price was higher or lower than the opening price. Black/red indicates that the stock closed lower and white/green indicates that the stock closed higher.
Line charts only provide the closing price on the stock where as the candlestick provides, Opening price, Closing price, days high and days low all in a graphical form. Line chart work for higher time frame analysis.
