{"id":7420,"date":"2017-12-21T15:35:01","date_gmt":"2017-12-21T14:35:01","guid":{"rendered":"https:\/\/www.myexcelonline.com\/?p=7420"},"modified":"2023-11-30T20:40:16","modified_gmt":"2023-11-30T19:40:16","slug":"candlestick-chart-using-excel","status":"publish","type":"post","link":"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/candlestick-chart-using-excel\/","title":{"rendered":"Candlestick Chart Using Excel"},"content":{"rendered":"<p><strong>Stock Data Analysis<\/strong>\u00a0is no easy feat!\u00a0 Once you have a lot of historical stock data it&#8217;s hard to visualize the trend using technical analysis.<\/p>\n<p>Thankfully Excel has a lot of stock charts to help you with that, and one of them is the <strong>Candlestick Chart<\/strong>!<\/p>\n<p>A Candlestick Chart has a <strong>vertical line<\/strong> that indicates the range of <em>low to high prices<\/em> and a <strong>thicker column<\/strong> for the <em>opening and closing prices<\/em>:<\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/CANDLESTICK.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7571\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/CANDLESTICK.jpg\" alt=\"Candlestick Chart Using Excel\" width=\"527\" height=\"654\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/CANDLESTICK.jpg 527w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/CANDLESTICK-242x300.jpg 242w\" sizes=\"(max-width: 527px) 100vw, 527px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Below is the data source that we are going to use in Excel:<\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-00.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7442\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-00.png\" alt=\"Candlestick Chart Using Excel\" width=\"408\" height=\"298\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-00.png 408w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-00-300x219.png 300w\" sizes=\"(max-width: 408px) 100vw, 408px\" \/><\/a><\/p>\n<p>You need a <strong>Date<\/strong> column which should be the first column.<\/p>\n<p>Then this should be followed by a <strong>Open, High,<\/strong>\u00a0<strong>Low, <\/strong>and\u00a0<b>Close column<\/b>. This is the <strong>exact order that needs to be followed<\/strong> in order to create the Candlestick Chart.<\/p>\n\n<p>In this example I show you how easy it is to insert this\u00a0using Excel.<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/MQsy-U75jQg?rel=0 \" width=\"800\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/c\/MyExcelOnlinecomtutorials?sub_confirmation=1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"alignmiddle wp-image-111468 size-full\" style=\"vertical-align: middle;\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2019\/04\/1.yt_.png\" alt=\"\" title=\"\"><\/a><br \/>\n<a class=\"IRPP_minimalist icon-download button small\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick.xlsx\" target=\"_blank\" rel=\"noopener noreferrer\" data-leadbox=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick.xlsx\" data-leadbox-id=\"147284833f72a2:12f08263ab46dc\"><span class=\"ctaText px-3 text-capitalize\">Download excel workbook<\/span><span class=\"postTitle px-3\">Candlestick.xlsx<\/span><\/a><\/p>\n<div class=\"after-post-box\"><\/div>\n<p><span style=\"color: #ff0000;\"><strong>STEP 1:<\/strong> <\/span>Highlight your data of stock prices:<\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-01.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7436\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-01.png\" alt=\"Candlestick Chart Using Excel\" width=\"420\" height=\"306\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-01.png 420w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-01-300x219.png 300w\" sizes=\"(max-width: 420px) 100vw, 420px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ff0000;\"><strong>STEP 2:<\/strong><\/span> Go to\u00a0<em><strong>Insert &gt; Stock Charts &gt; Open-High-Low-Close<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-02.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7437\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-02.png\" alt=\"Candlestick Chart Using Excel\" width=\"800\" height=\"307\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-02.png 800w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-02-300x115.png 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-02-768x295.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ff0000;\"><strong>STEP 3:<\/strong><\/span>\u00a0<strong>Right click\u00a0<\/strong>on your Legend and choose\u00a0<strong>Delete<\/strong>\u00a0as we do not need this.<\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-03.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7438\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-03.png\" alt=\"Candlestick Chart Using Excel\" width=\"452\" height=\"323\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-03.png 452w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-03-300x214.png 300w\" sizes=\"(max-width: 452px) 100vw, 452px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ff0000;\"><strong>STEP 4:<\/strong><\/span>\u00a0Go to\u00a0<em><strong>Chart Tools &gt; Design\u00a0<\/strong><\/em>and select the preferred design to make your\u00a0chart<strong>\u00a0<\/strong>more presentable!<\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-04.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7439\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-04.png\" alt=\"Candlestick Chart Using Excel\" width=\"859\" height=\"206\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-04.png 859w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-04-300x72.png 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-04-768x184.png 768w\" sizes=\"(max-width: 859px) 100vw, 859px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>And there you have it! Your own\u00a0<strong>Candlestick Chart!<\/strong><\/p>\n<p><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-05.png\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" title=\"Candlestick Chart Using Excel\"  class=\"alignnone size-full wp-image-7440\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-05.png\" alt=\"Candlestick Chart Using Excel\" width=\"848\" height=\"318\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-05.png 848w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-05-300x113.png 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2017\/11\/Candlestick-05-768x288.png 768w\" sizes=\"(max-width: 848px) 100vw, 848px\" \/><\/a><\/p>\n<p><strong>Further Learning:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/project-milestone-chart-using-excel\/\" target=\"_blank\" rel=\"noopener\">Project Milestone Chart Using Excel<\/a><\/li>\n<li><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/overlap-graphs-in-excel\/\" target=\"_blank\" rel=\"noopener\">How to Create Overlay Charts in Excel<\/a><\/li>\n<li><a href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/logarithmic-scale-in-an-excel-chart\/\" target=\"_blank\" rel=\"noopener\">Logarithmic Scale In An Excel Chart<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Stock Data Analysis\u00a0is no easy feat!\u00a0 Once you have a lot of historical stock data it&#8217;s hard to visualize the trend using technical analysis. Thankfully Excel has a lot of stock charts to help you with that, and one of them is the Candlestick Chart! A Candlestick Chart has a vertical line that indicates the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":17199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cos_headline_score":0,"cos_seo_score":0,"cos_headline_text":"","cos_headline_has_been_analyzed":false,"cos_last_analyzed_headline":[],"om_disable_all_campaigns":false},"categories":[5,28,26],"tags":[318,160,317],"acf":[],"_links":{"self":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts\/7420"}],"collection":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/comments?post=7420"}],"version-history":[{"count":0,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts\/7420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/media\/17199"}],"wp:attachment":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/media?parent=7420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/categories?post=7420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/tags?post=7420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}