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Back to TOC>>Bar Charts

Chart Types  (Back to TOC)
There are three main types of charts
  1. Line Charts
  2. Bar Charts
  3. Candle Charts

Bar Charts

The bar chart tells a bit more. Many times it will show the opening, high, low and close of the day on the chart. This shows much more because many times it’s important to know if a stock opened high but closed low (this is generally considered bad). The opposite would also be true. A stock opening lower, yet closing higher is generally a good sign. The bar chart will show this much easier than looking at a lot of quotes over time. The chart is the graphical representation of the quotes and allows you to take in so much more data in a short amount of time and realize whether that data is going up overall or going down overall.

Example of line chart




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