Doji Pattern
A Doji is a candlestick pattern that occurs when the open and close prices of a stock are identical, signaling indecision in the market. The term 'Doji' comes from the Japanese word for 'indecision,' which reflects the balance between buying and selling pressures. In terms of appearance, a Doji looks like a cross or the letter T, with a small body and long upper and lower wicks (shadows). It suggests that neither buyers nor sellers gained control during the trading period, often signaling potential market reversal or consolidation.
Related Terms
Commodity
A commodity refers to physical goods and raw materials such as aluminium, cotton, copper, sugar,...
CANSLIM
CANSLIM is a seven-step strategy used to pick growth stocks by combining both fundamental and...
Cash Flow Statement
A cash flow statement tracks a business’s cash inflows and outflows over a specific period,...
Expense Ratio
Expense is the annual fee charged by a mutual fund to cover its operating costs,...
Delivery Date
The delivery date of a cash or derivative contract is the final date and time...
Issue Price
The issue price is the price at which a company sells its newly issued shares...
