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candlestick chart

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Financial Dictionary

candlestick chart

A variation of a bar chart in which the open and close prices are represented as the top and bottom of a rectangle surrounding a vertical line connecting the high and low prices. The appearance is of a barrel around a fence post. The body of the rectangle is filled if the closing price is lower than the opening price and blank if the closing price is higher than the opening price. Compare bar chart, line chart.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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