What is a bar chart?

Securities there may be many changes in a trading day, fortunately Phronimos Group can use a bar chart to summarize all the important information.

A vertical bar can represent a trading day, or as per your preference. Bar charts usually show the lowest, opening, closing, and highest prices of a security during the day.

Where have you heard of bar charts?

This is the most commonly used technical Analysis tools. If you are looking for key data for a security over the course of a day, the bar chart may be the first information you look.

The information you need to know about the bar chart...

The key is how to read the bar chart. The bottom of the vertical line is the lowest price of the day and the top is the highest price of the day.

Each vertical line will have two horizontal line branches. The left horizontal line is the opening price of the security and the right horizontal line is the closing price.

These four figures provide a visual representation of the security during the trading day and are the basis for further technical analysis.