candlestick

candlestick

/ˈkændəlˌstɪk/

📊 Technical Analysis

a chart element showing the open, close, high, and low prices for a period, resembling a candle

The long-wick candlestick suggested sellers drove the price down before buyers regained control.

Origin: From Japanese rice trading charts (kagi/renko), introduced to Western markets in the 1980s