Is a candle stick stock chart good?

[klpr]

I have heard there is many different types of stock graphs such as candle stick charts, HLC bars and line graphs. Which one is the best for analyzing a stock and what one do you use?

Is the candle stick chart type any good?

[Big Money]

I personally use the candle stick chart myself. I believe this is the best type of graph for analyzing a stock because you can see the daily high and low of the stock price and also the opening and closing price per share as well.

A candlestick chart is commonly the one with red, white with a few black vertical bars on each day. This looks a lot different than the line chart but you can see much more about a stock throughout a time period.

[richemarks]

Hi,
The stock market is quite huge and there are many millions investors that make trade in the . Some of these are successful whereas others are not. Analyzing the stock is very important and reading the charts is one of the important ways of making fundamental and technical analysis. Candlestick charting is a very common way of understanding different types of charts and this technique is used all over the world.

The first reason is the ease with which it can be used. One of the most important features of candlestick charting is that this type of chart provides valuable information in a quite easy to understand manner. This is quite simple, which makes it easy to understand in a clear manner. The other reason why is used is that projection of future trends is quite easy and this allows an investor to make right type of investments.

[Brent78]

Hi richemarks thanks for the information, it's quite good and hope it will help other people too.