Basics of OHLC charts with Python’s Matplotlib

 By Medium - 2021-03-15

Description

With a history going back to the 18th century, Open-High-Low-Close (OHLC) charts are among the most popular financial analysis tools, typically used to illustrate stock prices over time. In this…

Summary

  • A quick guide on how to draw these essential charts for stock analysis With a history going back to the 18th century, Open-High-Low-Close (OHLC) charts are among the most popular financial analysis tools, typically used to illustrate stock prices over time.
  • OHLCis very similar to Candlestick charts as they both display the same information and are used to illustrate the price over time.
  • Usually of a stock, currency, bond, commodity, and others.
  • Usually, a filled or red box means the price went down (Bearish market), so the open price is the rectangle's top part.

 

Topics

  1. Stock (0.28)
  2. Backend (0.18)
  3. Database (0.09)

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