Stock market charts visually display market trends and stock price movements. They help traders make informed decisions and reduce risks.
Various charts like line, bar, and candlestick charts provide different details about stock operations and price movements.
Line charts plot closing prices over a period, offering a general view of stock movement without much detail.
Bar charts show high, low, opening, and closing prices for stocks, providing a detailed representation of stock data.
Candlestick charts, originating from Japan, display the same data as bar charts but in a more visual and detailed manner.
Chart patterns, like head and shoulders or double top, signal potential future price movements, helping traders predict trends.
Moving averages smooth out price data, identifying trends over time. Common types include simple (SMA) and exponential (EMA) moving averages.