Basics

How to Read a Candlestick Chart

2026-06-13 · 4 min read

A candlestick summarises one period of trading (a day, week, or month) in a single shape, showing four prices: the open, high, low, and close.

Anatomy of a candle

  • The body spans the open and close.
  • The thin lines above and below — the wicks (or shadows) — reach the high and low.
  • A candle is usually coloured green when the close is above the open (an up day) and red when the close is below the open (a down day).

What the shape suggests

  • A long body means one side dominated the session.
  • Long wicks mean price travelled far but was pushed back — a sign of indecision or rejection at those levels.
  • A tiny body with long wicks (a doji) signals a balance between buyers and sellers.

Timeframes change the picture

A daily candle shows one day; a weekly candle compresses five trading days into one. Switching timeframe (Daily / Weekly / Monthly) changes how much history each candle represents — useful for zooming out to the bigger trend.

Reading "over range"

On a stock’s chart, the percentage shown as over range is the move from the first candle on screen to the latest close — i.e. across the whole visible range — not the one-day change. Switch the timeframe to change what that range covers.

Open any stock in the Chart view to see candlesticks with moving-average overlays.

← All insights