Which of the following is another name for a stock chart that is used to compare display high-low paired data, such as found with stock prices or daily temperatures, over time?
Question: Which of the following is another name for a stock chart that is used to compare display high-low paired data, such as found with stock prices or daily temperatures, over time?
The answer is candlestick chart.
A candlestick chart is a type of price chart used in technical analysis that displays the high, low, open, and close prices of a security for a specific period of time. The body of the candlestick represents the range between the open and close prices, and the wicks represent the high and low prices.
Candlestick charts are popular among traders because they provide a quick and easy way to visualize the price movement of a security over time. They can also be used to identify patterns in price movement that can help traders make informed trading decisions.
Other names for a stock chart that is used to compare display high-low paired data, such as found with stock prices or daily temperatures, over time include:
- Range chart
- OHLC chart
- Japanese candlestick chart
- Candle chart
I hope this helps! Let me know if you have any other questions.
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