Daily Chart


DEFINITION of 'Daily Chart'

A line graph that displays the intraday movements of a given security. This contrasts to longer term charts, such as those that show a security's movement over a period of days, months or even years.


Daily charts display all of the price movement for the period and are typically used by day traders to implement short-term strategies.

Because the forex operates 24 hours a day, there is technically no stoppage of trading between one trading day and the next as there is in other markets. As a result, the convention is to consider a forex day to be from 5pm EST to the same time on the following day, and most daily charts are displayed this way.

  1. Chart Formation

    A graphical depiction of a stock's price movements over time. ...
  2. Bar Chart

    A style of chart used by some technical analysts, on which, as ...
  3. Point & Figure Chart

    A chart that plots day-to-day price movements without taking ...
  4. Intraday

    Another way of saying "within the day". Intraday price movements ...
  5. Chartist

    An individual who uses charts or graphs of a security's historical ...
  6. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
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    Investors and analysts use weighted alpha to measure stock price movements over the course of (typically) one year. The values ... Read Full Answer >>
  2. What is the On-Balance Volume (OBV) formula and how is it calculated?

    On Balance Volume, or OBV, creates a running total of positive and negative trading volume for a stock or security. One of ... Read Full Answer >>
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    The Aroon indicator trading system is actually composed of two separate indicators: Aroon up and Aroon down. Each of these ... Read Full Answer >>
  4. Is there any way to check the historical rates of different currencies?

    Yes, you can create a daily price chart of different currencies going back many years. Price charts can be found on the internet ... Read Full Answer >>
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