What is the finance, what is a red candlestick?
Red candlestick is a type of symbol used in the MOKING MOVEMENT MODE SYSTEM. Red indicates that the stock price was lower at the end of one day than the day before. The red candlestick will then be either solid or hollow depending on the change in the price during the day. As in the line chart, the vertical axis shows the price of the shares and the horizontal axis showing time, specifically every day of trading. Unlike the line chart, it does not connect every day of the character. Instead, it depicts the "candlestick" for every day, consisting of a rectangular block with vertical lines above and below.
Looking at the candlestick on the graph from top to bottom, the first vertical line runs from a point that indicates the highest market price of shares that is recorded or closing price, which is higher. Then, from this POI, the shape of the rectangular is launched from the initial price for the final price, or vice versa, if the final price is higher. Finally, the next line is reduced to the lowest price during the day. If the opening or final price was also the highestor the lowest price of the whole day may miss one or both vertical lines.
coloring and shading is also used to transmit information. The rectangle or "candlestick" will be green if the final price is higher than the final price from the previous day. The red candlestick shows that the final price is lower than the final price of the previous day.
Meanwhile, the rectangle will be hollow if the final price is higher than the initial price. The rectangle will be solid if the final price is lower than the initial price. Without this indicator, it would be much more difficult to see the direction of movement during TDEN.
This system allows users to see at first glance patterns of overall movement and volatility of stock price. For example, a long red candlestick, which is Hollow, shows that the stocks have not fully renewed from the previous day, but a strong movement began. On the other hand, a short red candlestick that is solid suggests that the slump continues, alE pace of decline could slow down.