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An interesting thing you might spot when looking at a candlestick chart is the doji. It is an intriguing feature that shows there is a sense of uncertainty and indecisiveness in the stock market at a given moment. The doji is a feature on a candlestick where the start and end values at a certain time period are nearly equal to one another. For instance, a doji for one day might suggest that the stock started trading at $34.50 and ended at $34.55. The doji does not necessarily have to be exactly equal. It could be a very minimal increase or decrease in the value depending on the color of the doji. Maybe the doji is black and indicates it has the same value during the entire period.
On the surface, the doji suggests that there is not much change in the value of a stock. In reality, the doji might be a sign of a massive conflict between buyers and sellers. There are no real indicators as to how the stock might evolve over time. You have to look at the doji on a stock when planning a good strategy. You can use this to decide where a stock is going before you try to buy or sell it.
