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Bar Chart
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Description
A bar chart is the most popular way to display security prices. A
bar chart is made up of vertical bars, with each bar representing
the price movement for a time period (i.e., hour, day, week, month,
etc.). Hash marks on the left and right sides of the bar represent
the opening and closing prices respectively. The top of the bar
represents the high price and the bottom of the bottom represents
the low price.
Interpretation
Bar charts, by themselves are used to view the movement of the
security's prices over a specific time period.
Indicators and line
studies can be displayed along with bar charts to help determine the
future direction of the security's price.
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