Explanation of ASX chart terms

[prav]

Hi guys, What are the meaning of the underline words?


Explanation of ASX chart terms

The red line represents the price of the primary security over the requested time frame. The actual price level is shown on the right axis. The chart may not show actual share prices as share prices are adjusted.

The blue line represents the price or value of the secondary security over the requested time frame. The actual price or value is shown on the left axis.

The green line represents the moving average for the primary security.
The dark green bars represent the turnover for the primary security.
The burgundy line represents the volume moving average for the primary security.

[disarray]

here's an example

the red line is the price of BHP (the primary security, ie. the price of the stock you are looking at)

the blue line is the XJO (SPI 200 index) put there to show comparison to how BHP is moving in relation to the wider market (the secondary security). you can trade movements in the XJO

the green line is a 20 day moving average (http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:movi ng_averages) for BHP

the dark green bars represent how many shares were traded for BHP each day (the volume)

the burgundy line (not that this chart has one) would be the moving average of the volume

you can see in the top left is an explanation for what each line is