OHLC shows the price movement for the day. At the starting of the day @ 09:15 AM, we get all four values. Among these which value is related to the previous day value? and How?
Hi, Open of the day is based on pre-market order matching which happens at the exchange. There is no relation between yesterday's close and next day's open.
Close is previous day's close.
At the starting of the day, how these values are defined?
Open of the day is based on pre-market order matching which happens at the exchange.
There is no relation between yesterday's close and next day's open.