Description
The previous closing price in trading refers to the last recorded price of a financial security, such as a stock, bond, commodity, or cryptocurrency, at the end of the previous trading session. It serves as an essential reference point for investors and traders to gauge the performance and movement of the asset. This price is significant as it helps in analyzing trends, making investment decisions, and determining the potential opening price for the current trading day. Market participants often compare the current price movements to the previous closing price to assess market sentiment and potential future directions.
In this AFL code, you will retrieve the closing prices for the last 5 minutes, hourly, daily, weekly, monthly, quarterly, and yearly timeframes. These levels are distinctly displayed on the chart using lines for clear visibility. Additionally, there is a scanner for generating results. You can easily save this report in Microsoft Excel or Google Drive.
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