Definition, Meaning & Synonyms
candlestick
noun
/ˈkændlˌstɪk/
Definition
A candlestick is a holder for a candle, usually designed in a way that supports the candle and collects dripping wax.
Examples
- The antique candlestick added a touch of elegance to the dining table.
- Investors often analyze candlestick patterns to predict market trends.
Meaning
In finance, a candlestick is also a type of chart used to represent price movements of securities, where each ‘candlestick’ shows the opening, closing, high, and low prices over a specific time period.
Synonyms
- chandelier
- candle holder
- lampstand
