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What is a Stock Chart?

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It’s not uncommon for us to get messages from people that are attracted to the idea of investing, but that lack the essential training or confidence to fully dive in.

For example, we hear from millennials all the time – many are starting to save and know they need to invest, but they’ve never had to look at a stock chart before. We also often hear from wealth managers that want to help their clients understand the financial landscape better.

Today’s post explains a concept that’s important for any person looking to dive headfirst into finance.

What is a stock chart?

The following infographic from StocksToTrade shares the three most common types of stock charts used, and the information typically found in them.

It’s the perfect step-by-step primer for someone that wants to learn the basics!

What is a Stock Chart?

What is a stock chart?

It’s simply a price chart that shows a stock’s price plotted over a time frame, and it shows a few key sets of information:

1. Stock symbol and exchange
The symbol for the stock, as well as the specific exchange it trades on.

2. Chart period
Typically daily, weekly, monthly, quarterly, or annually. Traders usually concentrate on daily and intraday data to forecast short-term price movements. Investors usually concentrate on weekly and monthly charts to spot long-term price trends.

3. Price Change
There are four key data points from a day’s trading: open, high, low, and close. “Open” is the price at the start of the day and “close” is the price at the end of the day. The “high” is the highest price during the session, while the “low” is the lowest.

4. Last Change
Displays the net change, positive or negative, from a previous price. On a daily chart, it would be from the previous day’s close.

5. Types of Charts
There are three basic types of charts used:

  • Line: Plots the closing price of a chart over time, helping you to see how a price is behaving.
  • Bar chart: Plots the open, high, low, and close (OHLC) for each day using bars.
  • Candle and stick chart: A visually appealing chart similar to a bar chart that shows OHLC data in an easy way.

6. Volume
Volume is the amount of stock that has been bought and sold within a specific period of time. If a stock moves on low volume, it means that few people are participating in the current price movement and the trend may not continue. Meanwhile, if a stock moves on high volume, it means many people are involved in the trade and the trend is more likely to continue.

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Mining

An Investor’s Guide to Copper in 3 Charts

Explore three key insights into the future of the copper market, from soaring demand to potential supply constraints.

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An investor's guide to copper in 3 charts

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The following content is sponsored by iShares

An Investor’s Guide to Copper

Copper is the world’s third-most utilized industrial metal and the linchpin of many clean energy technologies. It forms the vital connections in our electricity networks, grid storage systems, and electric vehicles.

In this graphic, sponsored by iShares, we dig into the forces that are set to shape the future of the copper landscape.

How Much Copper Do We Need?

Copper is poised to experience a remarkable 54% surge in demand from 2022 to 2050.

Here’s a breakdown of the expected demand for copper across clean energy technologies.

Technology2022 (kt)2050P (kt)
Electricity networks43648862
Other low emissions power generation93.7142.2
Solar PV756.81879.8
Grid battery storage24.6665.2
Wind453.5 1303.3
Hydrogen technologies-0.22
Electric vehicles370 3582.9
Other uses19766 22382

Copper is vital in renewable energy systems such as wind turbines, solar panels, and electric vehicle batteries because of its high electrical conductivity and durability.

It ensures the effective transmission of electricity and heat, enhancing the overall performance and sustainability of these technologies.

The rising demand for copper in the clean energy sector underscores its critical role in the transition to a greener and more sustainable future.

When Will Copper Demand Exceed Supply?

The burgeoning demand for copper has set the stage for looming supply challenges with a 22% gap predicted by 2031.

Given this metal’s pivotal role in clean energy and technological advancements, innovative mining and processing technologies could hold the key to boosting copper production and meeting the needs of a net-zero future.

Investing in Copper for a Prosperous Future

Investors looking for copper exposure may want to consider an ETF that tracks an index that offers access to companies focused on the exploration and mining of copper.

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