Types of Charts

1) Line charts

Line charts display closing prices (for a defined time period), linked together by a line.

2) Bar charts

In the bar chart, the little "stick" on the left represents the opening price while the little stick on the right represents the closing price. The vertical stick indicates the maximum and minimum price variation observed during the defined time period.

3) Candlestick charts

As with barcharts, candlesticks allow you to see opening and closing prices, as well as the time period's highs and lows. If the price went up during the period, the candlestick is white, if the price went down it is black. This is the most often used graphic in technical analysis.