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Data visualization refers to the techniques used to communicate data or information by encoding it as visual objects (e.g., points, lines, or bars) contained in graphics. The goal is to communicate information clearly and efficiently to users. It is one of the steps in data analysis or data science. According to Vitaly Friedman (2008) the "main ...
Candlestick charts are a visual aid for decision making in stock, foreign exchange, commodity, and option trading. By looking at a candlestick, one can identify an asset's opening and closing prices, highs and lows, and overall range for a specific time frame. [ 7] Candlestick charts serve as a cornerstone of technical analysis.
Relative strength is a ratio of a stock price performance to a market average (index) performance. [ 1] It is used in technical analysis . It is not to be confused with relative strength index . To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular ...
This spider chart represents the allocated budget versus actual spending for a given organization. A radar chart is a graphical method of displaying multivariate data in the form of a two-dimensional chart of three or more quantitative variables represented on axes starting from the same point. The relative position and angle of the axes is ...
Statistical graphics have been central to the development of science and date to the earliest attempts to analyse data. Many familiar forms, including bivariate plots, statistical maps, bar charts, and coordinate paper were used in the 18th century. Statistical graphics developed through attention to four problems: [ 3]
A line break chart, also known as a three-line break chart, is a Japanese trading indicator and chart used to analyze the financial markets. [ 1] Invented in Japan, these charts had been used for over 150 years by traders there before being popularized by Steve Nison in the book Beyond Candlesticks. [ 1][ 2] The chart is made up of vertical ...
The chart portion of the forest plot will be on the right hand side and will indicate the mean difference in effect between the test and control groups in the studies. A more precise rendering of the data shows up in number form in the text of each line, while a somewhat less precise graphic representation shows up in chart form on the right.
An open-high-low-close chart ( OHLC) is a type of chart typically used in technical analysis to illustrate movements in the price of a financial instrument over time. Each vertical line on the chart shows the price range (the highest and lowest prices) over one unit of time, e.g., one day or one hour. Tick marks project from each side of the ...