Shadow or Wick

Search Dictionary

Definition of 'Shadow or Wick'

A candle on a candlestick chart will usually have a wick both above and below the body of the candle. A wick is also called a shadow. A candle represents the open, high, low and close prices over a given time period. If the security's price opened lower than it closed then the first wick on the candle will be between the closing price and the high price and the second wick between the open price and the low price. The opposite is true if the open was above the close.

Click image for original size
Red and Black Candle

Click image for original size
Green and White Candles

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.

Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2018, MyPivots. All rights reserved.