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Why
do weekly charts show different 'latest' dates to the daily
charts?
Example:
The latest date shown in a daily chart is 18-Aug-00 whereas
the weekly chart shows 14-Aug-00.
Answer:
The bars represented in the weekly chart are designated
by the date which the week commences.
In the
above example the 14th is a Monday and the 18th is a Friday.
When data for the 21st (Monday) is available a new weekly
bar will start to be drawn with the date 21-Aug-00.
Likewise
Monthly charts will display the bars with the bar designated
by the first traded day in the month.
Notes:
TESS creates the weekly and monthly charts from the daily
data. To check the data in a weekly chart is up to date,
compare the close price with the daily chart. The figures
should be the same.
Reference:
Q000822b
Written : 22 August 2000
Revised :
TESS Version 1-4-20
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