{ "componentChunkName": "component---src-templates-article-glossary-js", "path": "/au/glossary/candlestick/", "result": {"data":{"glossaryItem":{"seo":{"metaDesc":"Candlestick is a type of price chart that shows the price of any assets. Learn finance terms and keywords here.","title":"What is Candlestick?"},"title":"Candlestick","content":"\n

What is candlestick?

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A candlestick is a graph representing the price action of a trading asset. It displays the open, high, low, and closing prices within a specific period. It is used in technical analysis.

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The history of candlestick

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Candlestick originated from a Japanese rice merchant named “Honma Munehisa”. He tracked hundreds of years of market prices and daily momentum. Thereafter, it became popularized in the United States.

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Candlesticks include:

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  1. Highest price of the day
  2. Lowest price of the day
  3. Opening price
  4. Closing price
  5. Body
\n","excerpt":"

A candlestick gives a summary of how an asset’s price behaved during the period. It may be used with any technical indicators such as candlestick patterns.

\n","date":"September 13, 2021","acfGlossaryRelatedTerms":{"glossaryRelatedTerms":{"term1":null,"term2":null,"term3":null}}},"relatedArticles":{"nodes":[]},"latestArticles":{"nodes":[{"title":"What is CBDC? Which countries are developing it?","slug":"what-is-cbdc","excerpt":"

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