Candlestick

/ˈkændlˌstɪk/

Meaning & Definition

noun

A holder for one or more candles, often designed for decorative purposes.

The ornate candlestick added an elegant touch to the dining table.

In finance, a graphical representation of price movements over time, used in technical analysis.

Traders often analyze candlestick charts to find patterns and make trading decisions.

Etymology

The word 'candlestick' comes from the combination of 'candle' (from the Old Latin 'candela', meaning 'a light') and 'stick' (from Old English 'sticca', meaning 'a support or holder').

Common Phrases and Expressions

candlestick chart

A financial chart that displays price movements using candlesticks.

blow out the candlestick

To extinguish a candle, often used metaphorically for ending something.

Related Words

candle

A cylindrical piece of wax with a wick, used for lighting.

holder

A device or object that supports or contains another object.

Slang Meanings

A term used among traders for strong price movements.

After the news release, the stock did a candlestick move.