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line chart

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Financial Dictionary

line chart

In technical analysis, a chart pattern indicating successive variable stock values over time. For example, a line chart of a stock would display the stock's closing prices over a period of time, connected by a line. Line charts for graphing stock prices are useful if an analyst is interested only in a single value each time. But if high, low, and closing prices all are required, a bar chart is used. Compare point-and-figure chart. See also 200-day moving average.

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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