Chart Types     Video Tutorial
 

When the chart opens, you see what we call a closing price chart. This is a line joining up the closing price at the end of trading each day.

This is an easy way to view the chart but does not tell you what happened during the day. Left click on the OHLVC button.

OHLCV stands for open, high, low, close, volume. You will notice that the black line has been replaced by vertical lines. You will also see a small line out to the left. This is the price the stock opened at. The line going out to the right is the price that the stock closed at. The top of the line is the highest priced paid during the day, while the bottom of the line is the lowest price paid during the day.

Another way to see this information is with Japanese candlesticks. Click on the Candlestick button and you will notice the chart changes again. This time you see boxes that look similar to the OHLC bar. The open and close prices are the top and bottom of the boxes. How do you tell which is which though? If you see a green box, then the price went up that day. If you see a red box, then the price went down that day. You will also see lines coming out the top of the boxes. The top and bottom of these lines are the high and low prices for that day respectively.