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White Candlestick
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| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
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When a stock or other security closes higher at the end of a trading day, the move is represented by a white candlestick. The components of a white candlestick consist of a rectangular box, the bottom of which marks the days opening price with the top representing the day's closing price. The ends of a white candlestick will often have shadows (also called "tails" or "wicks") that consist of a thin line. A shadow at the bottom of a white candlestick indicates the lowest price of the trading session. A shadow at the top of a candlestick indicates the highest price price at which the security/asset traded during the trading session. A white candlestick without shadows means a security opened at its low and closed at its high. The length of a white candlestick body indicates the strength of buying sentiment. A white candlestick with a long body indicates buyers were very bullish. A white candlestick with a short body indicates buying interest was limited.
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