Jump to content
AskTraders Trading Community
  • 0

What does a black candle mean in stock charts?


Dave Covaci

Question

1 answer to this question

Recommended Posts

  • 0

Hi Dave, 

The difference in color regarding normal filled candlesticks is based on the change between the closes, while the color for solid candlesticks is based on change between an open and a close. 

A black candlestick tells us that the new close was higher than the previous one. In other words, a candlestick becomes black when the last close is up compared to the previous one. If the last close is lower than the previous, the candlestick would become red. 

When it comes to solid candlesticks, the colors are based only on the open-close relationships.

I hope that helped.
 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. To reply to this question, sign in or create a new account.

Guest
Reply to this question

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...