What is Vertical Line Charting?
Vertical line charting is a tracking technique that is utilized by brokers, investors, and financial analysts to assess the past and projected performance of a given security. As a reliable technical analysis tool, vertical line charting can provide insight into such important components as the high, low, and close of the security within a specified time period. Generally, vertical line charting will be used to create a snapshot of activity for a single trading day, although the concept can be applied to a longer period of time. The main function of vertical line charting is to provide a simple but technical analysis of the performance of securities. The task of charting helps to create a comprehensive but easy to understand resource that will aid in understanding the movement of the option. When comparing daily activity associated with several consecutive trading periods, the investor or broker can often identify trends with the security. Understanding these trends can make it much ea
