Financial Charts

The following charts are commonly used to visualize financial data usually involving stock prices.

Box and Whisker Chart

Box-whisker chart, represents data ranges as boxes and/or marks.

Key Features:

• A solid box is drawn with the top and bottom edges corresponding to the quartiles, with a mark inside it to show the median.
• Two 'whiskers' are attached to the sides of the box, to show the overall range of the data.
• Comparing several box and whisker chart series is useful for spotting distribution differences.

Candle Chart

The high and low values are represented by the wick of a candle, in a candle chart. The candle represents open and close values. The body of the candle is often colored conditionally based on whether the open value is lower than the close value.

HiLo Chart

As the name implies, HiLo charts are used to visualize the high and low values of a stock during a day.

HiLo Open Close Chart

As the name implies this chart type indicates the high, low, open and close values of a stock during a day. This helps visualize the range in which a stock traded during the day along with the open and close values.

Kagi Chart

Kagi chart consists of a series of vertical connected lines where the thickness and direction of those lines depends on price. Due to its effectiveness to show a clear path of price movements, it's one of the various charts that investors use to make better decision on the stocks.

Key Features:

• Thick lines show that demand exceeds supply.
• As long as prices continue to move in the same direction, the vertical line keeps growing.
• If there is a reversal in the price values, by a "reversal amount", a new kagi line is drawn in a brand new column.
• When the line color is green, it indicates "demand exceeds supply", and the market is in the up trend.
• When line is red, it indicates "supply exceeds demand", and the market is in the down trend.
• The higher the bars go, the stronger the trend.

Point and Figure Chart

Point and Figure charts are used to identify support levels, resistance levels and chart patterns.

Key Features:

• The charts ignores the time factor and concentrates solely on movements in price.
• A column of X's or O's may take one day or several weeks to complete.
• By convention, the first X in a column is plotted one box above the last O in the previous column.
• The first O in a column is plotted one box below the highest X.
• The X's represent an upward trend and the O's represent a downward trend.

Renko Chart

Renko charts are excellent in projecting support and resistance levels.

Key Features:

• Renko (Bricks) are drawn equal in size for a known value.
• A brick is drawn in the direction of the prior move, only if prices move by a minimum amount.
• If prices change by the determined amount or more, a new brick is drawn.
• If prices change by less than the determined amount, the new price is ignored.

Three Line Break Chart

The three line break chart is similar to Point and figure chart with the following additional features:

• Displays a series of vertical boxes ("lines") that are based on changes in prices.
• Ignores the time factor.
• Depicts rising and falling lines of varying heights.
• Each new line occupies a new column.
• Using closing prices (or highs and lows), leads to drawing a new rising line, if the previous high is exceeded.

Stock And Volume Chart

Stock and volume charts can be easily created using a line chart for the stock price (or a HiLo-OpenClose as shown in the image below) and a column chart for the volume data. The "Multiple axes" support also makes it easy to create such charts.

In the above chart, the moving average for the stock chart is calculated with a period of three days.