{"id":126,"date":"2026-08-14T12:47:19","date_gmt":"2026-08-14T12:47:19","guid":{"rendered":"https:\/\/www.austockmarket.com\/universe\/?p=126"},"modified":"2026-08-14T12:51:23","modified_gmt":"2026-08-14T12:51:23","slug":"lesson-7-open-high-low-close-ohlc","status":"publish","type":"post","link":"https:\/\/www.austockmarket.com\/universe\/lesson-7-open-high-low-close-ohlc\/","title":{"rendered":"Lesson 7 \u2014 Open, High, Low &#038; Close (OHLC)"},"content":{"rendered":"<style>\r\n.au-ta7{font-family:Arial,sans-serif;background:#F5F8FC;color:#17233C;max-width:900px;margin:20px auto;border:1px solid #DCE4EF;border-radius:18px;overflow:hidden;box-shadow:0 6px 25px rgba(6,43,114,.08)}\r\n.au-ta7 *{box-sizing:border-box}\r\n.au-ta7-head{background:#062B72;color:#fff;padding:25px 22px}\r\n.au-ta7-kicker{font-size:12px;font-weight:700;color:#39E600;letter-spacing:1px}\r\n.au-ta7-head h2{margin:7px 0 5px;font-size:27px;color:#fff}\r\n.au-ta7-head 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h2{font-size:23px}\r\n.au-ta7-body{padding:16px}\r\n.au-ta7-frame{min-height:460px}\r\n.au-ta7-grid{grid-template-columns:1fr}\r\n.au-ta7 h3{font-size:22px}\r\n}\r\n<\/style>\r\n\r\n<div class=\"au-ta7\" id=\"auTA7\">\r\n\r\n  <div class=\"au-ta7-head\">\r\n    <div class=\"au-ta7-kicker\">AU STOCK MARKET \u2022 TECHNICAL ANALYSIS ACADEMY<\/div>\r\n    <h2>Lesson 7 \u2014 Open, High, Low &amp; Close<\/h2>\r\n    <p>Learn how OHLC data creates a candlestick and tells the story of price movement.<\/p>\r\n  <\/div>\r\n\r\n  <div class=\"au-ta7-progress\">\r\n    <div class=\"au-ta7-bar\"><\/div>\r\n  <\/div>\r\n\r\n  <div class=\"au-ta7-body\">\r\n\r\n    <!-- FRAME 1 -->\r\n    <section class=\"au-ta7-frame active\">\r\n      <span class=\"au-ta7-num\">01 \/ 16<\/span>\r\n      <h3>What Is OHLC?<\/h3>\r\n\r\n      <p>\r\n        OHLC is one of the most important concepts in technical analysis.\r\n        It describes four prices recorded during a selected trading period:\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-grid\">\r\n        <div class=\"au-ta7-box\">\r\n          <strong>O<\/strong>\r\n          Open\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>H<\/strong>\r\n          High\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>L<\/strong>\r\n          Low\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>C<\/strong>\r\n          Close\r\n        <\/div>\r\n      <\/div>\r\n\r\n      <div class=\"au-ta7-callout\">\r\n        <strong>OHLC = Open + High + Low + Close<\/strong>\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 2 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">02 \/ 16<\/span>\r\n      <h3>The Open Price<\/h3>\r\n\r\n      <div class=\"au-ta7-card\">\r\n        <div class=\"au-ta7-label\">Example Trading Day<\/div>\r\n        <div style=\"font-size:38px;font-weight:800;color:#062B72;margin-top:10px\">\r\n          $20.00\r\n        <\/div>\r\n        <p style=\"margin-bottom:0\">Opening price<\/p>\r\n      <\/div>\r\n\r\n      <p>\r\n        The <strong>Open<\/strong> is the first recorded trading price\r\n        for the selected period.\r\n      <\/p>\r\n\r\n      <p>\r\n        On a daily chart, it represents the opening price for that trading day.\r\n        On a weekly chart, it represents the beginning of that trading week.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 3 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">03 \/ 16<\/span>\r\n      <h3>The High Price<\/h3>\r\n\r\n      <div class=\"au-ta7-card\" style=\"text-align:center\">\r\n        <div style=\"font-size:40px;font-weight:800;color:#25D900\">\r\n          $22.40\r\n        <\/div>\r\n        <p style=\"margin-bottom:0\">Highest price reached<\/p>\r\n      <\/div>\r\n\r\n      <p>\r\n        The <strong>High<\/strong> is the highest price reached during\r\n        the selected period.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-callout\">\r\n        The High tells us how far buyers managed to push the price upward\r\n        during that period.\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 4 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">04 \/ 16<\/span>\r\n      <h3>The Low Price<\/h3>\r\n\r\n      <div class=\"au-ta7-card\" style=\"text-align:center\">\r\n        <div style=\"font-size:40px;font-weight:800;color:#062B72\">\r\n          $19.20\r\n        <\/div>\r\n        <p style=\"margin-bottom:0\">Lowest price reached<\/p>\r\n      <\/div>\r\n\r\n      <p>\r\n        The <strong>Low<\/strong> is the lowest price reached during\r\n        the selected period.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-callout\">\r\n        The Low shows how far sellers managed to push the price downward.\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 5 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">05 \/ 16<\/span>\r\n      <h3>The Close Price<\/h3>\r\n\r\n      <div class=\"au-ta7-card\" style=\"text-align:center\">\r\n        <div style=\"font-size:40px;font-weight:800;color:#25D900\">\r\n          $21.80\r\n        <\/div>\r\n        <p style=\"margin-bottom:0\">Closing price<\/p>\r\n      <\/div>\r\n\r\n      <p>\r\n        The <strong>Close<\/strong> is the final recorded trading price\r\n        for the selected period.\r\n      <\/p>\r\n\r\n      <p>\r\n        The relationship between the Open and Close helps us understand\r\n        whether the period finished higher or lower than it started.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 6 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">06 \/ 16<\/span>\r\n      <h3>One Trading Day \u2014 Four Prices<\/h3>\r\n\r\n      <div class=\"au-ta7-grid\">\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Open<\/strong>\r\n          $20.00\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>High<\/strong>\r\n          $22.40\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Low<\/strong>\r\n          $19.20\r\n        <\/div>\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Close<\/strong>\r\n          $21.80\r\n        <\/div>\r\n      <\/div>\r\n\r\n      <p>\r\n        We can now turn these four numbers into a visual representation\r\n        called a candlestick.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 7 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">07 \/ 16<\/span>\r\n      <h3>From OHLC to a Candlestick<\/h3>\r\n\r\n      <p>\r\n        A candlestick is simply a visual way of displaying the four OHLC\r\n        prices.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-chart\">\r\n        <svg viewBox=\"0 0 600 320\" role=\"img\"\r\n             aria-label=\"Candlestick showing Open High Low and Close\">\r\n\r\n          <line x1=\"280\" y1=\"30\" x2=\"280\" y2=\"290\"\r\n                stroke=\"#062B72\" stroke-width=\"5\"\/>\r\n\r\n          <rect x=\"220\" y=\"90\" width=\"120\" height=\"130\"\r\n                rx=\"5\" fill=\"#25D900\"\/>\r\n\r\n          <line x1=\"220\" y1=\"90\" x2=\"340\" y2=\"90\"\r\n                stroke=\"#062B72\" stroke-width=\"2\"\/>\r\n\r\n          <line x1=\"220\" y1=\"220\" x2=\"340\" y2=\"220\"\r\n                stroke=\"#062B72\" stroke-width=\"2\"\/>\r\n\r\n          <text x=\"365\" y=\"45\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            HIGH\r\n          <\/text>\r\n\r\n          <text x=\"365\" y=\"105\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            CLOSE\r\n          <\/text>\r\n\r\n          <text x=\"365\" y=\"215\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            OPEN\r\n          <\/text>\r\n\r\n          <text x=\"365\" y=\"285\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            LOW\r\n          <\/text>\r\n\r\n        <\/svg>\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 8 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">08 \/ 16<\/span>\r\n      <h3>The Candle Body<\/h3>\r\n\r\n      <p>\r\n        The body represents the distance between the <strong>Open<\/strong>\r\n        and <strong>Close<\/strong>.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-grid\">\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <div style=\"height:110px;width:70px;background:#25D900;margin:0 auto 15px;border-radius:4px\"><\/div>\r\n          <strong class=\"au-ta7-green\">Close Above Open<\/strong>\r\n          Bullish candle\r\n        <\/div>\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <div style=\"height:110px;width:70px;background:#062B72;margin:0 auto 15px;border-radius:4px\"><\/div>\r\n          <strong>Close Below Open<\/strong>\r\n          Bearish candle\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <p>\r\n        A larger body means there was a larger difference between the\r\n        opening and closing prices.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 9 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">09 \/ 16<\/span>\r\n      <h3>The Upper Wick<\/h3>\r\n\r\n      <p>\r\n        The upper wick shows the distance between the candle body and\r\n        the <strong>High<\/strong>.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-chart\">\r\n        <svg viewBox=\"0 0 600 300\">\r\n\r\n          <line x1=\"280\" y1=\"25\" x2=\"280\" y2=\"275\"\r\n                stroke=\"#062B72\" stroke-width=\"5\"\/>\r\n\r\n          <rect x=\"225\" y=\"105\" width=\"110\" height=\"100\"\r\n                rx=\"5\" fill=\"#25D900\"\/>\r\n\r\n          <text x=\"350\" y=\"55\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            HIGH\r\n          <\/text>\r\n\r\n          <text x=\"350\" y=\"155\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            BODY\r\n          <\/text>\r\n\r\n          <text x=\"350\" y=\"260\"\r\n                fill=\"#17233C\" font-size=\"18\" font-weight=\"bold\">\r\n            LOW\r\n          <\/text>\r\n\r\n        <\/svg>\r\n      <\/div>\r\n\r\n      <p>\r\n        A long upper wick means price traded significantly higher before\r\n        moving back down.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 10 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">10 \/ 16<\/span>\r\n      <h3>The Lower Wick<\/h3>\r\n\r\n      <p>\r\n        The lower wick shows the distance between the candle body and\r\n        the <strong>Low<\/strong>.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-card\">\r\n\r\n        <div style=\"display:flex;align-items:center;justify-content:center;gap:30px\">\r\n\r\n          <svg width=\"90\" height=\"240\" viewBox=\"0 0 90 240\">\r\n\r\n            <line x1=\"45\" y1=\"15\" x2=\"45\" y2=\"225\"\r\n                  stroke=\"#062B72\" stroke-width=\"5\"\/>\r\n\r\n            <rect x=\"15\" y=\"65\" width=\"60\" height=\"80\"\r\n                  rx=\"4\" fill=\"#25D900\"\/>\r\n\r\n          <\/svg>\r\n\r\n          <div>\r\n            <strong style=\"color:#062B72\">\r\n              Lower wick\r\n            <\/strong>\r\n\r\n            <p>\r\n              Shows how far price travelled below\r\n              the candle body.\r\n            <\/p>\r\n          <\/div>\r\n\r\n        <\/div>\r\n\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 11 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">11 \/ 16<\/span>\r\n      <h3>Understanding the Full Trading Range<\/h3>\r\n\r\n      <p>\r\n        The distance between the High and Low represents the full price\r\n        range during the selected period.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-card\" style=\"text-align:center\">\r\n\r\n        <div style=\"font-size:30px;font-weight:800;color:#062B72\">\r\n          $22.40 \u2212 $19.20 = $3.20\r\n        <\/div>\r\n\r\n        <p>\r\n          The share traded within a $3.20 range during the period.\r\n        <\/p>\r\n\r\n      <\/div>\r\n\r\n      <div class=\"au-ta7-callout\">\r\n        A larger range generally means price moved more during that period.\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 12 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">12 \/ 16<\/span>\r\n      <h3>Why the Close Matters<\/h3>\r\n\r\n      <p>\r\n        Technical analysts often give significant attention to the Close\r\n        because it tells us where price finished after all the buying and\r\n        selling during the period.\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-grid\">\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong class=\"au-ta7-green\">Close \u2191<\/strong>\r\n          Finished above Open\r\n        <\/div>\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Close \u2193<\/strong>\r\n          Finished below Open\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <p>\r\n        The Close is also used in many technical indicators and chart\r\n        calculations.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 13 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">13 \/ 16<\/span>\r\n      <h3>OHLC Changes With the Timeframe<\/h3>\r\n\r\n      <div class=\"au-ta7-grid\">\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Daily<\/strong>\r\n          One day's OHLC\r\n        <\/div>\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Weekly<\/strong>\r\n          One week's OHLC\r\n        <\/div>\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Monthly<\/strong>\r\n          One month's OHLC\r\n        <\/div>\r\n\r\n        <div class=\"au-ta7-box\">\r\n          <strong>Intraday<\/strong>\r\n          A shorter period\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <div class=\"au-ta7-callout\">\r\n        The same four concepts apply regardless of the timeframe.\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 14 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">14 \/ 16<\/span>\r\n      <h3>\ud83c\udde6\ud83c\uddfa Australian Market Example<\/h3>\r\n\r\n      <p>\r\n        Imagine an ASX-listed share has this daily OHLC data:\r\n      <\/p>\r\n\r\n      <div class=\"au-ta7-card\">\r\n\r\n        <div class=\"au-ta7-grid\">\r\n\r\n          <div class=\"au-ta7-box\">\r\n            <strong>Open<\/strong>\r\n            $14.50\r\n          <\/div>\r\n\r\n          <div class=\"au-ta7-box\">\r\n            <strong>High<\/strong>\r\n            $15.80\r\n          <\/div>\r\n\r\n          <div class=\"au-ta7-box\">\r\n            <strong>Low<\/strong>\r\n            $14.10\r\n          <\/div>\r\n\r\n          <div class=\"au-ta7-box\">\r\n            <strong>Close<\/strong>\r\n            $15.40\r\n          <\/div>\r\n\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <p>\r\n        Because the Close is above the Open, the day produced a\r\n        bullish candle.\r\n      <\/p>\r\n\r\n      <p>\r\n        But remember: one bullish candle alone does not guarantee that\r\n        the share will continue higher.\r\n      <\/p>\r\n    <\/section>\r\n\r\n    <!-- FRAME 15 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">15 \/ 16<\/span>\r\n      <h3>\ud83e\udde0 OHLC Challenge<\/h3>\r\n\r\n      <div class=\"au-ta7-card\">\r\n\r\n        <p class=\"au-ta7-q\">\r\n          A share opens at $10.00, reaches $12.00,\r\n          falls to $9.40 and closes at $9.80.\r\n          Which statement is correct?\r\n        <\/p>\r\n\r\n        <button class=\"au-ta7-option\"\r\n          data-correct=\"false\">\r\n          A. The High was $9.40\r\n        <\/button>\r\n\r\n        <button class=\"au-ta7-option\"\r\n          data-correct=\"true\">\r\n          B. The Close was below the Open\r\n        <\/button>\r\n\r\n        <button class=\"au-ta7-option\"\r\n          data-correct=\"false\">\r\n          C. The Low was $12.00\r\n        <\/button>\r\n\r\n        <button class=\"au-ta7-option\"\r\n          data-correct=\"false\">\r\n          D. The Open was $12.00\r\n        <\/button>\r\n\r\n        <div class=\"au-ta7-answer\" aria-live=\"polite\"><\/div>\r\n\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <!-- FRAME 16 -->\r\n    <section class=\"au-ta7-frame\">\r\n      <span class=\"au-ta7-num\">16 \/ 16<\/span>\r\n\r\n      <div class=\"au-ta7-complete\">\r\n\r\n        <div style=\"font-size:52px\">\ud83c\udfc6<\/div>\r\n\r\n        <h3>Lesson Complete!<\/h3>\r\n\r\n        <p>\r\n          You now understand how Open, High, Low and Close work together\r\n          to create a candlestick.\r\n        <\/p>\r\n\r\n        <div class=\"au-ta7-xp\">+100 XP<\/div>\r\n\r\n        <p style=\"color:#DCE4EF\">\r\n          <strong>Remember:<\/strong><br>\r\n          Open \u2192 High \u2192 Low \u2192 Close\r\n        <\/p>\r\n\r\n        <p style=\"color:#DCE4EF\">\r\n          Next lesson: What Is Trading Volume?\r\n        <\/p>\r\n\r\n      <\/div>\r\n    <\/section>\r\n\r\n    <div class=\"au-ta7-nav\">\r\n\r\n      <button class=\"au-ta7-btn au-ta7-prev\">\r\n        \u2190 Previous\r\n      <\/button>\r\n\r\n      <span class=\"au-ta7-count\">\r\n        1 \/ 16\r\n      <\/span>\r\n\r\n      <button class=\"au-ta7-btn au-ta7-next\">\r\n        Next \u2192\r\n      <\/button>\r\n\r\n    <\/div>\r\n\r\n  <\/div>\r\n<\/div>\r\n\r\n<script>\r\n(function(){\r\n\r\n  const box = document.getElementById(\"auTA7\");\r\n  if(!box) return;\r\n\r\n  const frames = box.querySelectorAll(\".au-ta7-frame\");\r\n  const bar = box.querySelector(\".au-ta7-bar\");\r\n  const count = box.querySelector(\".au-ta7-count\");\r\n  const prev = box.querySelector(\".au-ta7-prev\");\r\n  const next = box.querySelector(\".au-ta7-next\");\r\n\r\n  let current = 0;\r\n\r\n  function showFrame(n){\r\n\r\n    current = Math.max(0, Math.min(n, frames.length - 1));\r\n\r\n    frames.forEach((frame,index)=>{\r\n      frame.classList.toggle(\"active\",index === current);\r\n    });\r\n\r\n    count.textContent = (current + 1) + \" \/ \" + frames.length;\r\n\r\n    bar.style.width =\r\n      ((current + 1) \/ frames.length * 100) + \"%\";\r\n\r\n    prev.style.visibility =\r\n      current === 0 ? \"hidden\" : \"visible\";\r\n\r\n    next.textContent =\r\n      current === frames.length - 1\r\n      ? \"\u2713 Complete\"\r\n      : \"Next \u2192\";\r\n\r\n  }\r\n\r\n  prev.addEventListener(\"click\",function(){\r\n    showFrame(current - 1);\r\n  });\r\n\r\n  next.addEventListener(\"click\",function(){\r\n    showFrame(current + 1);\r\n  });\r\n\r\n  const options =\r\n    box.querySelectorAll(\".au-ta7-option\");\r\n\r\n  options.forEach(option=>{\r\n\r\n    option.addEventListener(\"click\",function(){\r\n\r\n      options.forEach(x=>{\r\n        x.disabled = true;\r\n      });\r\n\r\n      const correct =\r\n        this.dataset.correct === \"true\";\r\n\r\n      const answer =\r\n        box.querySelector(\".au-ta7-answer\");\r\n\r\n      if(correct){\r\n\r\n        this.classList.add(\"correct\");\r\n\r\n        answer.style.display = \"block\";\r\n        answer.style.color = \"#25D900\";\r\n\r\n        answer.textContent =\r\n          \"\u2713 Correct! The Close was $9.80, which was below the $10.00 Open.\";\r\n\r\n      }else{\r\n\r\n        this.classList.add(\"wrong\");\r\n\r\n        answer.style.display = \"block\";\r\n        answer.style.color = \"#062B72\";\r\n\r\n        answer.textContent =\r\n          \"Not quite. Open = $10.00, High = $12.00, Low = $9.40 and Close = $9.80.\";\r\n\r\n      }\r\n\r\n    });\r\n\r\n  });\r\n\r\n  showFrame(0);\r\n\r\n})();\r\n<\/script>\n<p style=\"text-align: justify;\">Every candlestick on a stock chart is built from four important price points: <strong>Open, High, Low and Close<\/strong>, commonly known as OHLC. Understanding these four values is one of the first essential skills for anyone learning technical analysis.<\/p>\n<p style=\"text-align: justify;\">The Open tells us where the price started, the High shows the highest price reached, the Low shows the lowest price reached, and the Close tells us where the price finished during the selected timeframe.<\/p>\n<p><strong>What You Will Learn<\/strong><\/p>\n<ul>\n<li>What Open, High, Low and Close mean<\/li>\n<li>How OHLC data creates a candlestick<\/li>\n<li>How the candle body represents the Open and Close<\/li>\n<li>What upper and lower wicks represent<\/li>\n<li>How to calculate the day&#8217;s price range<\/li>\n<li>Why the Close is important to technical analysts<\/li>\n<li>How OHLC changes across daily, weekly and monthly charts<\/li>\n<li>How to read OHLC data using an Australian market example<\/li>\n<\/ul>\n<p><strong>Australian Example<\/strong><\/p>\n<p>Imagine an <a href=\"https:\/\/www.austockmarket.com\/\">ASX-listed share<\/a> has the following daily prices:<\/p>\n<p><strong>Open:<\/strong> $14.50<br \/>\n<strong>High:<\/strong> $15.80<br \/>\n<strong>Low:<\/strong> $14.10<br \/>\n<strong>Close:<\/strong> $15.40<\/p>\n<p>Because the share closed at $15.40 after opening at $14.50, the price finished the day higher than it started. This would normally be displayed as a bullish candlestick.<\/p>\n<p>However, one bullish candle does not guarantee that the price will continue rising. Technical analysts consider OHLC alongside <strong>trend, volume, support, resistance and other market information<\/strong>.<\/p>\n<p><strong>Key Takeaway<\/strong><\/p>\n<blockquote><p><strong>Open \u2192 High \u2192 Low \u2192 Close = OHLC<\/strong><\/p><\/blockquote>\n<p>Once you understand OHLC, reading candlestick charts becomes much easier.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every candlestick on a stock chart is built from four important price points: Open, High, Low and Close, commonly known [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"class_list":["post-126","post","type-post","status-publish","format-standard","hentry","category-technical-analysis-foundations"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"AU Stock Market Universe","author_link":"https:\/\/www.austockmarket.com\/universe\/author\/asxuniadmin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.austockmarket.com\/universe\/category\/technical-analysis\/technical-analysis-foundations\/\" rel=\"category tag\">Technical Analysis Foundations<\/a>","rttpg_excerpt":"Every candlestick on a stock chart is built from four important price points: Open, High, Low and Close, commonly known [&hellip;]","_links":{"self":[{"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/posts\/126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/comments?post=126"}],"version-history":[{"count":0,"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/posts\/126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/media?parent=126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/categories?post=126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.austockmarket.com\/universe\/wp-json\/wp\/v2\/tags?post=126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}