Bar vs. candlestick chart: Which is better?
Asked 3 years ago
Which candlestick chart would you say is the most reliable and why?
Andia Rispah Igobwa
Saturday, December 18, 2021
In candlestick charts, the color of the body indicates the connection between open and close.
In contrast, horizontal lines projecting from the vertical indicate a relationship in bar graphs.
The bar chart emphasizes the stock's closing price compared to the prior period's close.
The candlestick version places the greatest importance on the SAME day's close as that of the open. Most people prefer using a bar graph; however, the difference isn't significant.
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