Line Chart

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Description

A line chart is the simplest type of chart. One price (typically the close) is plotted for each time period (i.e., day, week, month, etc.). A single, unbroken line connects each of these price points.

Interpretation

Line 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 line charts to help determine the future direction of the security's price.

A line chart's strength comes from its simplicity. It provides an uncluttered, easy to understand view of a security's price. Line charts are typically displayed using a security's closing prices.