candlestick

Meanings

• noun

  A type of chart that displays the high, low, opening, and closing prices of a security or financial instrument for a given period.

  - "The candlestick chart shows the price action of a stock over the last week."
  - "The red candlestick indicates that the closing price was lower than the opening price."

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Synonyms

candle holder

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Rhymes

Words rhyming with candlestick
stick , brick , tick

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Variants

List of all variants of candlestick that leads to same result
candlestick , candlesticks

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'candlestick' comes from the way the chart resembles a stick with candles on either end, representing the high and low prices.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Candlestick charts originated in Japan in the early 18th century.

2. Candlestick charts are also known as 'Japanese candlesticks' or 'Oriental candlesticks'.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Technical analysis: A method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In finance, candlestick charts are widely used for technical analysis to identify trends and patterns in financial markets.

How to Memorize "candlestick"

1. visualize
   

   - Imagine a chart with vertical lines representing time, and each rectangle representing a period of time with the high price at the top and the low price at the bottom.

2. associate
   

   - Associate the term 'candlestick' with the concept of financial charts and price movements.

3. mnemonics
   

   - Remember that 'candlestick' charts have 'C' shapes when the closing price is higher than the opening price, and 'H' shapes when the closing price is lower than the opening price.

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