From 1 minute to one month
Charts can cover different timeframes and the data contained in them can be : intraday, daily, weekly, monthly, quarterly or annual. The less compressed data is, the more detailed it is in the chart. Long-term charts are used to analyze price fluctuations from a broader perspective. Short-term charts provide a more detailed insight into value changes.
A line chart is a graphic representation in which closing prices of a given market are shown over a specific period of time. A series of data points, called “markers”, are connected to each other by straight line segments to form a curve on the chart. A line chart is used to identify trends in data changes over time and adopts a chronological display.
Originating from Japan, the candlestick chart is a form of financial chart used to describe price movements over a defined period of time. It shows the opening, the highest, lowest and closing values, and the relationship between them. It is considered to be visually easier to read than other graphic representations and gives a more accurate picture of price fluctuation.
OHLC (Open High Low Close)
Open, High, Low and Close values over a certain time period are used to create a candlestick chart. The filled part of the chart is called “body”; the thin lines above and below the body represent the high and low values and are called “shadows”.
If the closing price is higher than the opening price, the body will be white (not filled); if not, it will be black (filled). The lines above and below are called shadows, and represent the high and the low values. The top of the upper shadow marks the high value and the bottom of the lower shadow marks the low value.