Registered User
Joined: 11/22/2004
Posts: 11
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ON A BAR CHART EACH BAR HAS SOLD GREEN OR OUT LINE OF A BAR PLEASE EXPLANE EACH. (Removed by Moderator)
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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It sounds to me like you are looking at a candlestick chart. If so, here is an explanation of what you are looking at:
A hollow candle indicates that the stock closed up for the day (close is higher than the open). A solid candle indicates that the stock closed down for the day (close is lower than the open).
When editing price, you can check the box that says Plot Down Days in Different Color (the default color for down days is red). A down day is one where the stock closed today lower than it did yesterday. Assuming you have checked the box, a red candle indicates that today's close is lower than yesterday's close. A green candle indicates that today's close is higher than yesterday's close.
Here are some examples for a daily chart:
Hollow Green Candle: Close higher than open; today's close higher than yesterday's close.
Hollow Red Candle: Close higher than open; today's close lower than yesterday's close.
Solid Green Candle: Close lower than open; today's close higher than yesterday's close.
Solid Red Candle: Close lower than open; today's close lower than yesterday's close.
To summarize, whether a candle is hollow or solid is determined by comparing today's open with today's close. Whether a candle is red or green is determined by comparing the close of the current candle with the close of the previous candle.
If you do not wish to view candlestick price charts, you can press Ctrl-B several times to get a regular bar char, an open bar chart, or a line chart.
- Doug
Teaching Online!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If you are looking at standard Bar Chart:
The vertical line represents the period's range with the top of the line being the high for the period and the bottom being the low.
The horizontal bar to the right of the vertical line (range) represents the close for the period.
An Open Bar Chart adds a horizontal bar to the left of the vertical line (range) represents the open for the period.
The various Price graph types are described in the Online Help Files.
-Bruce
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