Doji

A doji is a candlestick pattern where a stock's opening and closing prices are nearly identical, creating a cross or plus-sign shape on a price chart. You'll see dojis when you're reading candlestick charts—a popular way traders visualize daily price movements. They matter because they signal indecision: buyers and sellers fought all day but ended up roughly where they started, which sometimes hints that a price trend might be about to shift. For example, if TechCorp stock opened at $50, bounced around between $48 and $52 throughout the day, then closed at $50.10, that would form a doji. While a single doji isn't a guaranteed prediction, traders watch for them as potential turning points worth monitoring.