Last visit was: 20 Nov 2025, 08:01 It is currently 20 Nov 2025, 08:01
Home
GMAT
Messages
Tests
Schools
Events
Rewards
Chat
My Profile
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel
Back to Forum
Create Topic
555-605 Level|   Graphs|   Math Related|      
User avatar
BottomJee
User avatar
Retired Moderator
Joined: 05 May 2019
Last visit: 09 Jun 2025
Posts: 996
Own Kudos:
1,328
 [4]
Given Kudos: 1,009
Affiliations: GMAT Club
Location: India
GMAT Focus 1: 645 Q82 V81 DI82
GMAT 1: 430 Q31 V19
GMAT 2: 570 Q44 V25
GMAT 3: 660 Q48 V33
GPA: 3.26
WE:Engineering (Manufacturing)
Products:
My Reviews
GMAT Focus 1: 645 Q82 V81 DI82
GMAT 3: 660 Q48 V33
Posts: 996
Kudos: 1,328
 [4]
The diagram shows the candlestick graph of the stock price of ABC comp 01 Dec 2023, 12:04
Kudos
Add Kudos
4
Bookmarks
Bookmark this Post
00:00
Start Timer
Pause Timer
Resume Timer
Show Answer
Hide Answer
Hide
Show
History
Dropdown 1: 12 Oct Dropdown 2: Choose this one
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!

Difficulty:

25% (medium)

Question Stats:

78% (01:43) correct 22% (02:05) wrong based on 395 sessions

History

Date
Time
Result
Not Attempted Yet
The diagram shows the candlestick graph of the stock price of ABC company. The graph shows the opening price, closing price, intra-day high and intra-day low.

Each candlestick has a wide part, which is called the "real body". This real body represents the range between the open and close of that day's trading. When the real body is filled in or black, it means the closing price was lower than the opening price. In that case, the top of the candlestick represents the opening price and the bottom, the closing price.

If the real body is empty or white, it means the close was higher than the open. In that case, the top of the candlestick represents the closing price and the bottom, the opening price. Just above and below the real body are the shadows. The top of the upper shadow gives the intra-day high and the bottom of the lower shadow gives the intra-day low.
3. The day the difference between high price and low price was maximum was .

4. Please choose this drop-down as a Graphs question needs to have 2 .

Submit Answer
Start the Timer above, select the dropdowns, and click "Submit" to add this question to your Error log.
ShowHide Answer
Official Answer
Dropdown 1: 12 Oct Dropdown 2: Choose this one
User avatar
T4Star
User avatar
Joined: 27 Jun 2023
Last visit: 06 Oct 2025
Posts: 155
Own Kudos:
109
 [1]
Given Kudos: 191
Location: United States (MD)
Concentration: Strategy, Operations
Schools: IIM (II)
Schools: IIM (II)
Posts: 155
Kudos: 109
 [1]
The diagram shows the candlestick graph of the stock price of ABC comp 01 Dec 2023, 21:55
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Visually, the longest candlestick will have the maximum difference between the highest and lowest values.

So, 12 Oct is the answer!
User avatar
OlgaGu
User avatar
Joined: 12 Dec 2021
Last visit: 14 Nov 2024
Posts: 1
Given Kudos: 122
Location: Belarus
Posts: 1
Kudos: 0
The diagram shows the candlestick graph of the stock price of ABC comp 18 Sep 2024, 21:02
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Could you please explain the answer? Why not on October 16? Thank you
User avatar
Bismuth83
User avatar
DI Forum Moderator
Joined: 15 Sep 2024
Last visit: 01 Aug 2025
Posts: 719
Own Kudos:
2,606
 [1]
Given Kudos: 441
Expert
Expert reply
Posts: 719
Kudos: 2,606
 [1]
The diagram shows the candlestick graph of the stock price of ABC comp 24 Sep 2024, 10:58
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
OlgaGu
Could you please explain the answer? Why not on October 16? Thank you
Show more
Sure!

1. The problem asks us to find the day the difference between high price and low price was maximum.

2. The high price on a candle stick is located on the upper shadow (very top) and the low price is located on the lower shadow (very bottom).

3. Now let's look at the candlesticks on October 12th and 16th. October 12th has a high at around $37 and a low at $32. This makes a difference of about $5. October 16th has a high at around $36 and a low at $32. This makes a difference of $4.

4. $5 is more than $4, so October 12th has a larger difference than October 16th.

Hope that helped!
Moderators:
Bunuel
Math Expert
105420 posts
kingbucky
496 posts