Shadow

Shadow is the small line found on a candle in a candlestick chart that is used to indicate where the price of a stock has fluctuated relative to the opening and closing prices. 

Shadow

Shadow is the small line found on a candle in a candlestick chart that is used to indicate where the price of a stock has fluctuated relative to the opening and closing prices. 

 

 


Interpretation of Shadow

Essentially, the upper and lower shadows illustrate the highest and lowest prices at which a security has traded over a standard time period - day, week, month, etc.

Candlestick upper and lower shadows

Candlestick upper and lower shadows


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