Candlestick

Candlestick (Japanese candlestick chart) — a type of financial chart resembling a candle, where the upper and lower parts of the candlestick represent the opening and closing prices, while the upper and lower shadows represent the highest and lowest quote values during the time interval represented by the candlestick. If the closing price is below the opening price, this pattern is called a decreasing (bearish) candlestick. If the closing price is above the opening price, this pattern is called an increasing (bullish) candlestick. The candlestick patterns are often used in graphical or technical market analysis.