bar chart
bar chart definition - finance
A
chart that describes price movement in an easy-to-understand format. Each dayÂ’s
price movement is represented by a vertical line that shows how high and how
low the security traded. The closing price is indicated by a short horizontal
line, called a tick mark, which
runs through the vertical line. Sometimes the trading volume is depicted below
the price information as a horizontal line that rises or falls in accordance
with the volume. At the very bottom of the chart, open interest, which is the amount of futures or options
contracts that are available for trading in the market, are drawn to scale
using vertical lines. The higher the line, the higher the open interest.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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