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Technical Analysis & Chart Patterns

Bar Chart

A chart showing each period as a vertical line spanning high to low, with left and right ticks marking the open and close.

How it is identified Test: each period is one vertical line from Low to High, with the open marked left and the close marked right
Unit qualitative

In depth

The OHLC bar chart carries exactly the same four numbers as a candlestick and differs only in presentation, which is a matter of preference rather than of information. Bars occupy less horizontal space, so they suit dense charts with many periods, while candlesticks read faster at a glance. Some traders prefer bars precisely because they are less visually suggestive and encourage fewer pattern claims. Anyone who believes a pattern is visible on candlesticks but not on bars of the same data is reading the presentation, not the market.

Worked example

A bar spanning ₹494 to ₹512 with the open tick at ₹500 on the left and the close tick at ₹504 on the right encodes the identical session as the corresponding candlestick. The choice between them changes nothing about the data.

Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.

Educational reference only

This entry explains what “Bar Chart” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.