A bar stick stock chart consists of a series of vertical bars with horizontal tick marks, as shown in Figure 8-25. The top and bottom points of each bar indicate the high and low values, respectively. The horizontal tick marks indicate the open and close values. The tick mark on the left of the bar is the open value. The tick mark on the right of the bar is the close value.
The chart in Figure 8-25 shows the same data as the chart in Figure 8-24. Observe in Figure 8-25 that for every day, except the fourth, the tick mark on the left of the bar is lower than the tick mark on the right. On the fourth day, the tick mark on the left is higher than the tick mark on the right. This difference indicates a stock’s gain or loss for a given day. As you can see, the candlestick stock chart shows the gain or loss pattern more clearly than the bar stick stock chart.
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Figure 8-25
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