What is OHLC charts?
OHLC is very similar to Candlestick charts as they both display the same information and are used to illustrate the price over time. Usually of a stock, currency, bond, commodity, and others.
What is the difference between OHLC open price and close price?
They slightly differ in how they display the data; OHLC open price is always on the stick's left side and the close price on the right.
What is the difference between OHLC and Candlestick?
Usually of a stock, currency, bond, commodity, and others. They slightly differ in how they display the data; OHLC open price is always on the stick's left side and the close price on the right. Candlesticks don’t have markers on the left or right.
What is an open-high-low-close chart?
With a history going back to the 18th century, Open-High-Low-Close (OHLC) charts are among the most popular financial analysis tools, typically used to illustrate stock prices over time.
What was Apple's highest stock price?
What Is the Highest Stock Price Ever? Berkshire Hathaway holds the title for having the highest stock price—$445,000.What Was Apple's Highest Stock Price Ever? Apple's highest stock price was $702.10 in September 2012.How Can You Find a Stock's All-Time High and All-Time Low?
How much was a share of Apple in 2000?
0.8163Compare AAPL With Other StocksApple Historical Annual Stock Price DataYearAverage Stock PriceYear Open20020.34180.416120010.36110.265720000.81630.999539 more rows
What was the price of Apple stock in 1994?
$0.29The closing price for Apple (AAPL) in 1994 was $0.29, on December 30, 1994. It was up 34.1% for the year.
Is Apple halal stock?
Accordingly, The Halal Investors has decided to give Apple an ESG rating of 0, meaning: "The Company is deemed to have a substantial negative impact on society and the environment". Does Apple have any positive impact?
What will Apple be worth in 10 years?
The Bottom Line Assuming 18% compound annual growth over the next decade, your $10,298 investment in Apple would be worth $53,898.
Can Apple stock make you rich?
Few companies exemplify how long-term investing can help you retire rich as Apple, which is up, 2,127X over the last 35 years. The good news is that Apple is still one of the best companies on earth, and is expected to grow 14.5% over time, meaning it can make you rich over time.
What would $1000 invested in Apple in 1994 be worth today?
Apple traded at a split-adjusted $0.24 on July 6, 1994, according to Yahoo Finance. This means that a $1,000 investment in Apple stock the day “Forrest Gump” was released would now be worth $610,000.49 based on a share price of $146.40 for Apple.
Why is Forrest Gump so rich?
Forrest's boat was the only one left standing and they found themselves with a monopoly of shrimp. Under the name Bubba Gump Shrimp Company, they soon became very wealthy.
How much would I have if I invested $1000 in Apple?
Over the last 21 years, Apple stock has also split several times with a 2-for-1 split in 2005, a 7-1 split in 2014 and a 4-1 split in 2020. The hypothetical investment would now be 2,857.12 shares. Based on a price of $149.31 for Apple shares at the time of writing, the $1,000 investment would now be worth $425,596.59.
What does Islam say about Bitcoin?
“Cryptocurrencies as commodities or digital assets are unlawful for trading because they have elements of uncertainty, wagering and harm,” Asrorun Niam Sholeh, head of religious decrees for the Indonesian council of Islamic scholars, told reporters in November after issuing a fatwa against using crypto.
Is investing in Tesla halal?
However, Halal Investors estimates the bulk of revenue from Tesla's leasing contracts, itself only 2.9% of Tesla's total revenue, to be halal. Conclusion: Halal Investors finds only a non-material part of Tesla's revenue to come from haram.
Can you invest in Islam?
Investing or partaking in any short-selling or uncertain contracts are forbidden in accordance with Islamic finance principles. For Muslim investors, investment in any business that is involved in prohibited activities such as gambling, and selling alcohol is prohibited. Sharia law prohibits speculation or gambling.
What was the price of Apple stock in 2002?
The closing share price quoted for Apple for Jan. 2, 2002, the first trading day of the year, was $23.30. Rounding to the nearest whole share, a $100 investment would have secured four shares of Apple stock.
What was Apple stock price in 2003?
$0.33The closing price for Apple (AAPL) in 2003 was $0.33, on December 31, 2003. It was up 48.8% for the year. The latest price is $130.10.
What was the price of Apple stock when it split in 2005?
AAPL - Apple Inc.DateOpenAdj Close**Feb 28, 20051.601.37Feb 28, 20052:1 Stock SplitFeb 25, 20051.601.36Feb 24, 20051.581.3610 more rows
How much was a share of Apple in 2007?
Price of Apple Stock in 2007 On a split-adjusted basis, the cost per share of Apple stock on June 29, 2007, was $3.75.
Stock Price Prediction of Apple Inc. Using Recurrent Neural Network
OHLC Average Prediction of Apple Inc. Using LSTM Recurrent Neural Network
Dataset
The dataset is taken from yahoo finace's website in CSV format. The dataset consists of Open, High, Low and Closing Prices of Apple Inc. stocks from 3rd january 2011 to 13th August 2017 - total 1664 rows.
Price Indicator
Stock traders mainly use three indicators for prediction: OHLC average (average of Open, High, Low and Closing Prices), HLC average (average of High, Low and Closing Prices) and Closing price, In this project, OHLC average has been used.
Data Pre-processing
After converting the dataset into OHLC average, it becomes one column data. This has been converted into two column time series data, 1st column consisting stock price of time t, and second column of time t+1. All values have been normalized between 0 and 1.
Model
Two sequential LSTM layers have been stacked together and one dense layer is used to build the RNN model using Keras deep learning library. Since this is a regression task, 'linear' activation has been used in final layer.
Version
Python 2.7 and latest versions of all libraries including deep learning library Keras and Tensorflow.
Training
75% data is used for training. Adagrad (adaptive gradient algorithm) optimizer is used for faster convergence. After training starts it will look like:
Stock Price Prediction of Apple Inc. Using Recurrent Neural Network
OHLC Average Prediction of Apple Inc. Using LSTM Recurrent Neural Network
Dataset
The dataset is taken from yahoo finace's website in CSV format. The dataset consists of Open, High, Low and Closing Prices of Apple Inc. stocks from 3rd january 2011 to 13th August 2017 - total 1664 rows.
Price Indicator
Stock traders mainly use three indicators for prediction: OHLC average (average of Open, High, Low and Closing Prices), HLC average (average of High, Low and Closing Prices) and Closing price, In this project, OHLC average has been used.
Data Pre-processing
After converting the dataset into OHLC average, it becomes one column data. This has been converted into two column time series data, 1st column consisting stock price of time t, and second column of time t+1. All values have been normalized between 0 and 1.
Model
Two sequential LSTM layers have been stacked together and one dense layer is used to build the RNN model using Keras deep learning library. Since this is a regression task, 'linear' activation has been used in final layer.
Version
Python 2.7 and latest versions of all libraries including deep learning library Keras and Tensorflow.
Training
75% data is used for training. Adagrad (adaptive gradient algorithm) optimizer is used for faster convergence. After training starts it will look like:
A quick guide on how to draw these essential charts for stock analysis
With a history going back to the 18th century, Open-High-Low-Close (OHLC) charts are among the most popular financial analysis tools, typically used to illustrate stock prices over time.
How does an OHLC chart work?
The chart is composed of a series of vertical lines that pack four critical variables about the price; The minimum, maximum, initial, and ending values over time, commonly measured in hours, days, or weeks.
What's the difference from a Candlestick chart?
OHLC is very similar to Candlestick charts as they both display the same information and are used to illustrate the price over time. Usually of a stock, currency, bond, commodity, and others.
Matplotlib
Let’s start building our OHLC chart. First, we’ll import the required libraries.
Colors
They are not necessary but can take our visualization to another level.
Ticks
Our visualization already looks great, but the x-axis is useless as it is.
Improving and customizing
You can plot some predicted prices, confidence intervals, moving averages, trades volume, and many more variables and statistics to complement your visualization.
What does OHLC show on a chart?
OHLC charts can be applied to any time frame. If applied to a 5-minute chart it will show the open, high, low, and close price for each 5-minute period. If applied to a daily chart, it will show the open, high, low, and close price for each day. OHLC charts show more information than line charts which only show closing prices connected together ...
Why is the OHLC chart important?
The chart type is useful because it can show increasing or decreasing momentum.
How do candlesticks and OHLC work?
While OHLC charts show the open and close via left and right facing horizontal lines, candlesticks show the open and close via a real body .
What is the color of the price bar?
When the price rises over a period, the right line will be above the left, since the close is above the open. Often times, these bars are colored black. If the price falls during a period, the right line will be below the left, since the close is below the open.
