A chart element that summarizes the open, high, low and close for a chosen period.
Why it matters
Candlesticks make it easier to see how price moved during each time interval.
Example
A 15-minute candlestick contains the opening price, highest price, lowest price and closing price for one 15-minute interval.
The first traded price represented by a candle for its chosen timeframe.
Why it matters
The open is one of the two prices that define the candle body.
Example
On a 15-minute candle covering 9:30 to 9:45, the open is the first traded price represented in that interval.
The highest traded price represented by a candle during its timeframe.
Why it matters
The high shows the furthest price reached on the upside during the period.
Example
If price briefly trades at ₱52.20 and then falls back, ₱52.20 can still be the candle high.
The lowest traded price represented by a candle during its timeframe.
Why it matters
The low shows the furthest price reached on the downside during the period.
Example
If price briefly trades at ₱49.50 and recovers before the close, ₱49.50 can still be the candle low.
The last traded price represented by a candle for its chosen timeframe.
Why it matters
The close is important because it shows where the period finished after buyers and sellers interacted.
Example
A candle can trade well above resistance during the period but close back below it.
The area between a candle’s opening price and closing price.
Why it matters
The body helps show the net movement between the open and close.
Example
A long bullish body means the close finished well above the open.
The thin line above or below a candle body showing prices traded beyond the open and close.
Why it matters
Wicks can reveal rejection, volatility and failed attempts to hold higher or lower prices.
Example
A long upper wick can show that buyers pushed price higher but sellers forced it back before the candle closed.
A candle that closes above its opening price.
Why it matters
It shows that price finished the period higher than where it started, but it does not automatically mean the next candle will rise.
Example
If a candle opens at ₱50.00 and closes at ₱51.20, it is bullish.
A candle that closes below its opening price.
Why it matters
It shows that price finished the period lower than where it started, but one bearish candle is not automatically a sell signal.
Example
If a candle opens at ₱51.20 and closes at ₱50.40, it is bearish.
The amount of time represented by each candle on a chart.
Why it matters
The same stock can look very different on a 1-minute, 15-minute, daily or weekly chart.
Example
On a 5-minute chart each candle summarizes five minutes of trading; on a daily chart each candle summarizes one trading day.
