Asked by Shikur Andeta on May 21, 2024

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A candlestick chart is a type of stockbar chart.The real body is displayed in different colors to indicate the action for that day.What does it mean if the real body is red?

A) The stock closed higher than the opening price.
B) The stock closed at the opening price.
C) The stock opened higher than the closing price.
D) The stock closed lower than the opening price.

Candlestick Chart

A chart, like a stock chart, but with a top line that indicates the high price, and a low line that indicates the low price for a given period; the rectangular region, known as the real body, is displayed in two different colors; the green candlestick indicates that the closing price is greater than the opening price and the red candlestick indicates the closing price is less than the opening price.

Real Body

In candlestick charting in finance, the wide part of a candle, showing the difference between the opening and closing prices.

Stock Closed

The final price at which a stock is traded on a given trading day.

  • Understand the significance of candlestick chart colors in representing stock market movements.
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BM
boipelo moetiMay 23, 2024
Final Answer :
D
Explanation :
In candlestick chart, the real body represents the price range between the opening and closing prices of a stock. If the real body is red, it means that the stock closed lower than its opening price.