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Line chart
• Draws a line from one closing price to the next closing price.
• It forms the general price movement of a stock over an indicated period.
• Does not provide as much visual information as a bar chart. However, it is still useful.

The advantage of using a line chart is as below:
• Unnecessary trading noise in the day is eliminated.
• Easily to spot trend due to neat chart.

Bar chart
A bar chart provides the following information:
• Open price
• Close price
• Highs
• Lows

• Top of the bar indicates the highest price for that time period
• Lowest of the bar indicates the lowest price for that time period.
• Left side of the bar indicates open price.
• Right side of the bar indicates close price.

Candlestick chart
• Candlesticks are made up of open, close, highs and lows price.
• Close price below open, red candlestick (traditionally, black candlestick).
• Closed price above open, green candlestick (traditionally, white/hallow candlestick).
• The red/green/ section is known as the “real body” or body.
• The thin lines at both ends are known as shadow.
• The peak of the upper shadow is known as the “highs” of the session.
• The bottom of the lower shadow is known as the “lows” of the session.
• Candlestick with no upper shadow is known as shaven head.
• Candlestick with no lower shadow is known as shaven bottom.

The detail of a candlestick is further elaborate below:

Bodies of Candlestick
• Bearish candlestick is represented by long red body.
• Bullish candlestick is represented by long green body.
• Long body signifies strong buying or selling activities.
• Therefore, the longer the body is, the more significant is the buying and selling activities.
• Short candlestick bodies represent small amount of bull and bear activities. They are less significant.

Point-and-Figure chart
• This chart is a price trending chart.
• It is mainly for momentum play.
• The x-axis of this chart displays the amount of trading within a given price range.
• In this type of chart, you will see ‘X’ and ‘O’.
• ‘X’ is known to represent a rising price.
• ‘O’ is known to represent a falling price.

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