Red Candlestick

  

See: Candlestick Chart.

Sounds like a great low-budget horror movie. A homicidal maniac kills with a candlestick.

Unfortunately, here we're just talking about stock charting. A candlestick chart is a way to graphically represent price movement for a given security. It gets its name from the fact that each time interval measured by the chart (usually a day, but it can be any length of time) looks vaguely like a candle...though it often shows up with a wick on both ends.

The chart uses color to indicate whether a security closed higher or lower for the session. Black or green means higher. White or red means lower. A red candlestick is just one in which the security in question finished lower for that time interval; it ended the time period (again, often representing a day) lower than where it ended the previous time period.

Didn't there used to be a Red Candlestick Park?

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