Change over time
Open-high-low-close chart (OHLC)
Shows period high and low as a line with side ticks for opening and closing values.
- Chart
- Price movement
- Trend over time
What it answers
What were the opening, closing and extreme values?
- Shape
- Vertical ranges with side ticks
- What it shows
- Period range and net direction.
Example
The question
How did the share price open, range and close each day?
Daily share price, March (open-high-low-close bars)
Illustrative data. It belongs to no company.
When to use it
Use it when
Compact OHLC time-series analysis.
Avoid it when
When tick orientation is unfamiliar without a key.
How to read it
Read the vertical range and left/right open/close ticks.
The data you need
- Layout
- Wide OHLC table
- Fields
- Time: date/datetime; Open,High,Low,Close: numbers
- One row is
- One complete trading or measurement period. What is the grain?
- Rules
- Require Low <= min(Open,Close) and max(Open,Close) <= High. Sort by time.
- Optional
- Optional Volume. Define trading calendar and adjusted versus unadjusted prices.
- Preparation
- Aggregate genuine observations into ordered periods using open/close order and period high/low; align volume and adjusted-price conventions.
- Units
- Price uses currency per instrument/unit; volume uses traded units. Define period length; price changes and returns have different units.
Worked example
Open 100, high 110, low 95, close 105. Left tick marks 100 and right tick 105; total range is 15.
| Time | Open | High | Low | Close |
|---|---|---|---|---|
| 2026-01-01 | 100 | 110 | 95 | 105 |
| 2026-01-02 | 105 | 112 | 101 | 108 |
