What is a K-line chart?

The K-line chart shows the price movement of financial products, which is shaped like a candle, so it is also called a candle chart. It usually shows within a day securities the opening, closing, high and low prices.

Where have you heard of K-line charts?

Chart analysts use it as a technical Analysis part to learn about patterns and trends. Some traders consider it simpler than a bar chart.

The information you need to know about the K-line chart...

The thick line part of the K-line chart is called "solid". The upward and downward lines of each "solid" are called "hatch lines".

The entity of the K-line represents the difference between the opening price and the closing price of the day. The top hatching indicates the highest price of the day, while the bottom hatching indicates the lowest price.

Entities may be solid or dashed, and sometimes green or red. If the "entity" is solid or green, it means that the lowest point of the entity is the opening price and the highest point is the closing price. This is called a bull K-line chart and indicates that prices continue to rise during the trading session.

If "entity" is a dotted line or red, it means that the highest point of the entity is the opening price and the lowest point is the closing price. This is called a bear market K-line chart and indicates that the price continues to fall during the trading session.