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Frauds and Scams > Vertical Line Charts

The following information is about Vertical Line Charts.

Vertical Line Charts Defined

A type of technical charting that displays on one vertical line the low and high prices of a security or market and a short horizontal mark that denotes the closing price. Each vertical line represents one day. The chart shows the trend of a security or a market over a period of days, weeks, months, or years. Technical analysts determine from these charts whether a security or a market is frequently closing at the low or high end of its trading range during a day. This information is useful in discerning whether the security or a market is weak or strong, and thus, if prices will decline or advance in the near future.

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