Candlestick charts are primarily used in financial analysis to visualize price movements of securities over time. Each "candle" represents four key pieces of information for a specific time period: the opening price, the closing price, the highest price, and the lowest price. This makes candlestick charts highly effective for traders looking to assess market sentiment and potential price direction. They excel in spotting market trends and price patterns, such as reversals or continuations, making them indispensable tools for technical analysis in trading.
This is an example of a React & D3 candlestick chart component that you can use.