Meaning & Definition of word "Candlestick"
Candlestick
/ˈkændlˌstɪk/
noun:
- 1. A holder for one or more candles, often designed for decorative purposes.
- Example: The ornate candlestick added an elegant touch to the dining table.
- 2. In finance, a graphical representation of price movements over time, used in technical analysis.
- Example: 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 of candlestick
Meaning: A term used among traders for strong price movements.
● Example Sentence: After the news release, the stock did a candlestick move.