Marko Jovicic Posted August 21, 2020 Share Posted August 21, 2020 Hi, I would like to learn about the meaning of black candlesticks in stock charts. Quote Link to comment Share on other sites More sharing options...
0 Rishabh Tyagi Posted May 22 Share Posted May 22 A black candlestick is typically associated with a bearish or negative price movement. It indicates that the closing price of an asset or security was lower than the opening price during a specific time period (e.g., a day, week, or month). Black candlesticks are often used to identify downward trends or potential selling pressure in financial markets. Quote Link to comment Share on other sites More sharing options...
0 Brundle Mark Posted August 21, 2020 Share Posted August 21, 2020 Hi Marko, thanks for asking! When stocks are closed, information is derived from this close, and according to the color of this candlestick, we can conclude if the stock has closed on a lower or higher value than the prior close. When a candlestick is filled with black color that means that the close was higher than the previous close, which is a positive sign and indicates an uptrend. Quote Link to comment Share on other sites More sharing options...
Question
Marko Jovicic
Hi, I would like to learn about the meaning of black candlesticks in stock charts.
Link to comment
Share on other sites
2 answers to this question
Recommended Posts
Join the conversation
You can post now and register later. To reply to this question, sign in or create a new account.