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Definition

The price of trades and the volumes changing hands during the trading day - in other words, intra-day. In general we do not advise investors to worry too much about intraday movements of shares and indexes, but it is beneficial to watch, for example, the intraday activity on the S&P500 index which can be seen at:
<a href="https://www.google.com/finance/quote/.INX:INDEXSP#scso=_OIBvXeSCL7aq1fAPq6m6iAw6:0">https://www.google.com/finance/quote/.INX:INDEXSP#scso=_OIBvXeSCL7aq1fAPq6m6iAw6:0</a>
The individual end-of-day candles in effect show a summary of the market action of the previous day. They show you the range of trade which is the gap between the highest and lowest prices reached during the day - which is a good indication of the level of uncertainty among investors. They also show whether the share closed near to the upper or lower end of that range - which is an indication of bullish or bearish sentiment. If a share closes below its opening price, the bears are said to have won the day and vice versa. You should study the daily market action of the shares that interest you. Also read the following article: <a href="/index.php/market%20action">Market Action</a>

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