Marubozu

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White marubozu
Black marubozu
White v. black marubozu

Marubozu (jp: まるぼうず, 丸坊主, close-cropped head, bald hill) is the name of a Japanese candlesticks formation used in technical analysis to indicate a stock has traded strongly in one direction throughout the session and closed at its high or low price of the day. A marubozu candle is represented only by a body; it has no wicks or shadows extending from the top or bottom of the candle. A white marubozu candle has a long white body and is formed when the open equals the low and the close equals the high.[1]

The white marubozu candle indicates that buyers controlled the price of the stock from the opening bell to the close of the day, and is considered very bullish.

A black marubozu candle has a long black body and is formed when the open equals the high and the close equals the low. A black marubozu indicates that sellers controlled the price from the opening bell to the close of the day, and is considered very bearish.

See also[]

References[]

  1. ^ "Candlestick Charting - the Marubozu indicator (FT Press)". www.ftpress.com. Retrieved 2015-12-11.


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