Friday, February 14, 2020

Line Chart

Line Chart

© Chart photo copyright by CHARTIST blog
 

This chart is the very basic chart type of all. In this chart there only one line is shown moving up and down in one flow means it connect from last point to next point or price data by line.


Usually line chart is used on only one price and that is for day’s closing price for daily chart analysis. But the problem with this type of chart is that you can’t see the whole day activity in that line chart , means you don’t able to see the open, high and low prices on the chart, you can only see the one line connecting from the last point and i.e. closing prices only.

Line chart type benefit is only that it gives you the idea that how the price traveled in one single view you can see how the stock performed historically.

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