What is Candlestick Wick?

A candlestick wick, or shadow, is the line on a Japanese candlestick that is used to indicate where the price of an asset has changed compared to its opening and closing prices. Wicks indicate the highest and lowest prices that an asset has traded over a specific time frame, usually by the minute, hour, day, week, month, or year. The candlestick also has a wide portion called the candlestick body that, like the wick, is used to gauge price action and market sentiment, along with several technical and fundamental indicators.