Openhighlowclose
Openhighlowclose is a term commonly used in financial market analysis and technical charting to denote the four principal price points recorded for a security during a single trading session. The "open" price is the first executed trade price on the day. The "high" price is the maximum level at which the instrument traded. The "low" price is the minimum level, and the "close" price is the last traded price before the market adjourns. These values are fundamental inputs for various chart patterns, such as candlestick and bar charts, and are essential for computing performance metrics, volatility estimates, and trend indicators. Analysts and investors use the openhighlowclose data to assess market sentiment, evaluate intraday price swings, and design entry and exit strategies. In the context of algorithmic trading, high-frequency data may be aggregated into intraday openhighlowclose aggregates to reduce noise while preserving key price dynamics. Regulatory exchanges require the accurate recording and dissemination of these price points for transparency and audit purposes. The openhighlowclose construct is thus a cornerstone of technical analysis, securities reporting, and quantitative finance.