Stock Charts

Like an E.C.G. Which tells us about the condition of the heart, a stock chart tells us about the condition of the stock market. It the language of mother market, who continuously tries to communicate us about what she might do in the future.

A stock chart is a type of diagram or graph, that organizes and represents the stock market data and its qualitative analytical data. Charting and chart patterns are often used to ease the understanding of large quantities of data and the relationships between them.

It is said that a picture is worth 1000 words. Although I have friends who studies numbers and create their trading plans, I can neither understand or remember the numbers. Remembering a picture or a chart pattern is much easier and areas of support and resistance are easily visible. Charts can usually be read more quickly than the raw data that they are produced from. They can be created by hand on a graph paper or by computer using a charting software.

Study and understand how each type of stock chart is created and analysed. Charts most commonly used in technical analysis of stock market are Line Chart, Bar Chart, Candle Chart and Swing Charts.

Click on the name of each chart to learn more about them.

1. Bar chart
2. Candle chart
3. Candlevolume chart
4. Equivolume chart
5. Kagi chart
6. Line chart
7. Point and figure chart
8. Renko chart
9. Swing chart
10. Three line break chart