The Basics of Financial Charts - Technical and fundamental analysts use of Financial Charts
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Financial charts and graphs are visual aids used by investors to better understand changes in price over time. Price charts plot a sequence of prices over a specific period of time.These are otherwise known as time series plots. If you take a look at any price charts, they contain an X axis - the horizontal axis, and a Y axis - the vertical axis. Price is always represented on the vertical axis and the X axis represents the time frame.By moving across the financial chart from left to right, you can see how an underlying security, such as a stock, has performed over time. Invaluable information can be gleaned from reading charts, such as highs and lows, trends, and turning points.
Technical and fundamental analysts use of Financial Charts
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