Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

one - day candlestick chart. the candlestick chart for tech innovations…

Question

one - day candlestick chart. the candlestick chart for tech innovations inc. shows trading data for august 12, 2024. the candlestick chart for tech innovations inc. on august 12, 2024, has long shadows (wicks) above and below the body. what does the length of these shadows suggest about the stocks price range for the day? the stocks highest price was $135, and its lowest price was $130. the stocks highest price was $135, and its lowest price was $115. the stocks highest price was $130, and its lowest price was $120. the stocks highest price was $120, and its lowest price was $115.

Explanation:

Brief Explanations

In a candlestick chart, the upper shadow represents the highest price and the lower shadow represents the lowest price. Looking at the chart, the highest - point of the upper shadow is at $135 and the lowest - point of the lower shadow is at $115.

Answer:

The stock's highest price was $135, and its lowest price was $115.