Wick (Shadow)
Volume Price Analysis glossary · Climactic Price Action & Reversal Dynamics
Definition
The thin lines above and below the candlestick body, representing the range of prices that were tested but not sustained.
Wick (Shadow) in plain English
A candlestick is a little bar that shows where a stock's price traveled during a time period; its fat 'body' shows where the price opened and closed, and the thin lines poking out the top and bottom are the wicks (also called shadows), showing the highest and lowest prices reached along the way. A wick means the price stretched to that extreme but couldn't hold there — buyers or sellers pushed it back before the period ended. Imagine testing how high you can jump and tapping the ceiling for a split second before dropping down: the tap is the wick — the price got there, but it didn't stick. Long wicks are valuable because they show where the market got rejected.
Also called: Shadow
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A stock has been in a sustained uptrend for three weeks. A… How should this be interpreted?
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