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faqs:what_does_a_solid_black_or_hollow_red_candlestick_mean [2019/07/01 21:26] 127.0.0.1 external edit |
faqs:what_does_a_solid_black_or_hollow_red_candlestick_mean [2022/05/27 21:48] (current) betseyp [Videos] |
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| For example, in the GE chart above, notice that filled black candlesticks appear at several important peaks on the chart. This is because, in these instances, GE opened significantly higher than the previous day's close ("gapped up"), fell during the day, but still managed to close above the previous day's close. Less obviously, on May 23rd, a hollow red candle appears because GE gapped down at the open, rose during the day, but didn't close above the closing price for May 22nd. | For example, in the GE chart above, notice that filled black candlesticks appear at several important peaks on the chart. This is because, in these instances, GE opened significantly higher than the previous day's close ("gapped up"), fell during the day, but still managed to close above the previous day's close. Less obviously, on May 23rd, a hollow red candle appears because GE gapped down at the open, rose during the day, but didn't close above the closing price for May 22nd. | ||
| + | **Note:** SharpCharts can be configured with the Solid Candles setting. In this situation, there are no hollow candles, and the color of the candlesticks is based on the relationship between the open and the close. If the close is above the open, the candle is colored with the Up Color; if the close is below the open, the candle is colored with the Down Color. | ||
| ==== Videos ==== | ==== Videos ==== | ||
| - | * [[http://stockcharts.com/videos/?fv=usvs-ah-candlestickoptions|CandleStick Options for SharpCharts]] | + | * [[https://stockcharts.com/videos/?fv=sharpcharts-candlestickoptions|CandleStick Options for SharpCharts]] |