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Candlestick is one of the most popular types of visual representation of daily performance of one particular security.
Candlestick is configured of a body and a vertical line contained within the body. If candlestick body is green (or white) colored, body top border represents closing price, and body bottom border represents opening price of the security. If candlestick is red (or black) colored, situation is conversed and the closing price is lower than the opening price. Vertical top of the line contained within the body represents daily high, and vertical bottom of the line represents daily low of particular security.
Situation when top or bottom of the vertical line exceeds the body of the candlestick is called shadow. If there is no shadow on either side of the candlestick it means that daily high or low is equal to the daily open or close.