Business, Legal & Accounting Glossary
A type of candlestick charting formation that appears when a security’s price does not trade outside the range of the opening and closing prices.
A Marubozu candle is represented only by a body; it has no wicks or shadows extending from the top or bottom of the candle.
Marubozu is the name of a Japanese candlesticks formation used in technical analysis to indicate a stock has traded strongly in one direction throughout the session and closed at its high or low price of the day.
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This glossary post was last updated: 5th April, 2020 | 3 Views.