Technical Analysis: Chart Types |Sponsor: At last, an easy way
to predict stock trends – get your FREE copy of 5 Chart Patterns
You Need to Know.| By Cory Janssen, Chad Langager and Casey
Murphy There are four main types of charts that are used by
investors and traders depending on the information that they are
seeking and their individual skill levels. The chart types are:
the line chart, the bar chart, the candlestick chart and the
point and figure chart. In the following sections, we will focus
on the S&P 500 Index during the period of January 2006 through
May 2006. Notice how the data used to create the charts is the
same, but the way the data is plotted and shown in the charts is
different. The most basic of the four charts is the line chart
because it represents only the closing prices over a set period
of time. The line is formed by connecting the closing prices
over the time frame. Line charts do not provide visual
information of the trading range for the individual points such
as the high, low and op