Unlock Your Market Wizardry: Conquer the 2026 Chartered Market Technician (CMT) Test!

The OHLC (Open-High-Low-Close) chart includes the same information as a candlestick chart by detailing the same four key price points during a specified time frame: the opening price, highest price, lowest price, and closing price. Both chart types allow traders to analyze price movement and highlights perspectives on market psychology, providing insights into trends and potential reversals.

Candlestick charts visually represent the open, high, low, and close with distinct shapes and colors for each time period, making them highly useful for quick interpretation of market sentiment. The OHLC chart does the same yet uses lines to connect the high and low prices with horizontal tick marks for the opening and closing prices.

In contrast, a line chart primarily focuses on the closing prices and does not provide information regarding the opening price, highest price, or lowest price. While it can illustrate general trends over time, it lacks the detailed price action offered by candlestick and OHLC charts. A bar chart typically presents similar information as an OHLC chart but in a different visual format, focusing on representing the same key price levels without employing the specific intricacies of candlestick shapes. A Pareto chart, on the other hand, is a type of bar chart used to visualize the frequency