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Share Price History Chart Analysis Question
si1503
Posts: 551 Forumite
Could some one explain to me exactly what the vertical green and red bars along the bottom of this chart show? And their use in the analysis of a company's share price history?
Thanks
0
Comments
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The red and green bars represent traded volume (for your chart, that is per day). The colours indicate if the sp closed above or below the opening sp, would expect green to be up and red to be down.
Volume is a very important factor in reviewing charts. SP increases (or decreases) on low volume *can* give a misleading impression.
cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Thanks cloud_dog. (my thanks button dosen't work on my laptops browser, but i'll do it next time i'm in uni)0
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