Definitions
In plain terms
Its length shows the absolute open-to-close move while its direction records which price is higher.
Technical
Compute the endpoints as min(O,C) and max(O,C), retaining the original open and close for direction.
Scope
The body excludes the upper and lower shadows.
Formula
Body length = abs(C - O)B=|C-O|| Symbol | Meaning | Unit |
|---|---|---|
O | bar open price | price |
C | bar close price | price |
Output unit: price
Examples
- A governed lesson uses Real Body only with declared inputs, timing, parameters, and edge-case behavior.
Common misconceptions
- The body excludes the upper and lower shadows.
Concept relationships
Where this concept is used
Evidence and governance
- Chart Types: Candlestick, Line, and Bar CME Group · official exchange
Supports: preferred label, short definition, technical definition, formula
Limits: Display colors and pattern interpretations are conventions rather than universal predictive rules.
- Candlestick Chart Nasdaq · official exchange
Supports: variant distinction
Limits: The short glossary entry does not define bar aggregation, data corrections, thresholds, or pattern-detection rules.
- Reviewed by
- fintech-builder-batch-006
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.