| | Stock charts are essential in data visualization for investors and traders to analyze historical market data and current trends. These charts visualize stock prices over a period
of time, such as days, weeks, months, etc. Nevron stock charts support the two most common variations - candlestick and stick. Stock charts can easily be combined with build-in
technical analysis tools and indicators like moving averages, trend lines, and oscillators. By doing so, investors and traders can identify potential buy and sell signals,
devise risk management strategies and determine entry and exit points for better investment decision-making. |
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![candle stock chart](NIMG.axd?i=Chart/ChartTypes/Stock/candle_stock_chart.png) | Candle Stock charts are used to plot daily stock data. Each data point resembles a candle, where the candle body is formed by the open and close prices for the day. The high and low prices are displayed by vertical lines above and below the candle body. The body fill color depends on whether the stock price goes up (the closing price is higher than the opening price) or down (the closing price is lower than the opening price). |
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Stick Stock Charts are used to plot daily stock data. Unlike Candle Charts, Stick Stock Charts do not draw a candle body. The open and close prices are marked by short horizontal lines, while the high-low range is presented as a single vertical line. The stroke style of a data point depends on whether the price goes up or down. | ![stick stock chart](NIMG.axd?i=Chart/ChartTypes/Stock/stick_stock_chart.png) |
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Date | Open | High | Low | Close | Volume |
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2022-01-03 | 142.55 | 144.81 | 141.71 | 142.77 | 15574100 | 2022-01-04 | 141.23 | 141.79 | 138.64 | 139.53 | 17719200 | 2022-01-05 | 139.97 | 140.78 | 138.10 | 140.41 | 12134700 |
This is a simple example of a stock market data table with columns for Date, Open, High, Low, Close, and Volume. Each row represents a day's worth of data, with the date in the first column and the corresponding values for the other metrics in the subsequent columns.
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- Use a consistent time frame: When presenting historical stock data, use a consistent time frame throughout the chart. This allows viewers to easily compare trends and patterns over time.
- Label your axes: Clearly label your chart's x and y axes so that viewers can understand the data. Use descriptive labels that include units of measurement and periods.
- Avoid clutter: Avoid adding too much information to your stock chart, such as multiple indicators or excessive annotations. This can make the chart difficult to read and understand.
- Use color strategically: Use color to highlight important data points or trends. However, be careful not to use too many colors or color schemes that are difficult to interpret.
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