Daily Chart

AAA

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.

INVESTOPEDIA EXPLAINS 'Daily Chart'

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.

RELATED TERMS
  1. Chart Formation

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

    An individual who uses charts or graphs of a security's historical ...
  3. Point & Figure Chart

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

    A style of chart used by some technical analysts, on which, as ...
  5. Intraday

    Another way of saying "within the day". Intraday price movements ...
  6. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
RELATED FAQS
  1. 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 >>
  2. What are the main trading signals traders use when applying the Aroon Indicator?

    The Aroon indicator trading system is actually composed of two separate indicators: Aroon up and Aroon down. Each of these ... Read Full Answer >>
  3. 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 >>
  4. How does the foreign-exchange market trade 24 hours a day?

    The forex market is the largest financial market in the world, trading around $1.5 trillion each day. Trading in the forex ... Read Full Answer >>
Related Articles
  1. Active Trading Fundamentals

    Charting Your Way To Better Returns

    Learn about the powerful hybrid techniques that take advantage of both technical and fundamental analysis.
  2. Trading Strategies

    How To Outperform The Market

    Active trading is an investing style that aims to beat the market. Find out how it works, and whether it will work for you.
  3. Active Trading Fundamentals

    An Introduction To Day Trading

    This article will take an objective look at day trading, who does it and how it is done.
  4. Forex Education

    Trading Multiple Time Frames In FX

    This is often the first - and most costly - level of analysis to be overlooked.
  5. Trading Strategies

    Basics Of Technical Analysis

    Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach.
  6. Chart Advisor

    Consider Buying These Uptrending Stocks

    Recent pullbacks in these uptrending stocks present an opportunity to get long for another possible rally.
  7. Technical Indicators

    Use Volume And Emotion To Tackle Topping Patterns

    Selling short in a topping pattern offers an advantageous reward-to-risk profile, but it can be hard to find good entry prices.
  8. Trading Strategies

    How to Do the Fundamental And Technical Combo Trade

    Fundamental and technical analyses should be viewed as complementary rather than competing practices. When combined, these two methods can greatly strengthen your game.
  9. Mutual Funds & ETFs

    How Trading ETFs is Different from Trading Stocks

    We explain when ETFs may be better suited than stocks for inclusion in a portfolio.
  10. Trading Strategies

    Scalping As A Novice Trader

    Scalping, a subset of day trading used by experienced traders, involves quick moves and decision making. We offer the basics for beginner scalpers.

You May Also Like

Hot Definitions
  1. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
  2. Asset Class

    A group of securities that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same ...
  3. Fiat Money

    Currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat ...
  4. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  5. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  6. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
Trading Center