What Is a Line Chart? A line chart is a graphical representation of an asset's historical price action that connects a series of data points with a continuous line. This is the most basic type of chart used in finance, and it typically only depicts a security's closing prices over time.
- What is a line chart used for?
- What is line chart with Example?
- What are the types of line charts?
- What is a line chart in Excel?
What is a line chart used for?
A line chart, also referred to as a line graph or a line plot, connects a series of data points using a line. This chart type presents sequential values to help you identify trends. Most of the time, the x-axis (horizontal axis) represents a sequential progression of values.
What is line chart with Example?
A line graph is a unique graph which is commonly used in statistics. It represents the change in a quantity with respect to another quantity. For example, the price of different flavours of chocolates varies, which we can represent with the help of this graph.
What are the types of line charts?
A line chart has three main types that are mainly used in both mathematics and statistics. The three types are: Simple line chart, Multiple line chart, and compound line charts.
What is a line chart in Excel?
Line charts can display continuous data over time, set against a common scale, and are therefore ideal for showing trends in data at equal intervals or over time. In a line chart, category data is distributed evenly along the horizontal axis, and all value data is distributed evenly along the vertical axis.