Tableau is a popular data visualization tool that enables businesses to gain insights and make data-driven decisions. One of the most commonly used chart types in Tableau is the candlestick chart. A candlestick chart is a financial chart used to represent the price movement of an asset over a given period.

Keep on Reading: Tableau Data Analyst Certification Questions »

🎁 Did you know you can get $30 for sharing your work and certification experiences? Write and get paid for every article. Learn more »

In this article, we will discuss how to create a candlestick chart in Tableau. Creating a candlestick chart in Tableau is a straightforward process. The following are the steps:

Step 1: Open Tableau and connect to your data source.

Step 2: Drag and drop the dimensions and measures to the Rows and Columns shelves, respectively.

Step 3: Click on the “Show Me” button in the top right corner of the screen.

Step 4: Select the “Candlestick Chart” chart type from the list of chart types.

Step 5: Customize the chart as needed by adding filters, sorting, and changing the colors and labels.

Step 6: Save the chart to your Tableau workbook or publish it to Tableau Server or Tableau Online.

A candlestick chart can be used by businesses to visualize the price movement of an asset over time. This chart type is particularly useful for analyzing financial data and identifying patterns and trends. Below are some of the benefits of using a candlestick chart in business:

1. Visualization of Price Movement: A candlestick chart allows businesses to visualize the price movement of an asset over a given period. This makes it easy to identify trends and patterns in the data, which can be used to make informed investment decisions.
2. Easy to Understand: Candlestick charts are easy to understand, even for non-technical users. This makes them a great choice for presenting financial data to executives and other stakeholders who may not have a technical background.
3. Flexible: Candlestick charts can be customized to show multiple measures, change the colors of the bars, and more. This flexibility makes them a great choice for businesses that need to show multiple trends or patterns in financial data.

Interview Questions on Creating a Candlestick Chart in Tableau for reference are below.

1. What is a candlestick chart, and how is it used in finance?
2. How do you create a candlestick chart in Tableau?
3. What are some of the benefits of using a candlestick chart in business?
4. Can you explain how you would use a candlestick chart to identify trends in financial data?

Data Analyst Technical Round Questions on Creating a Candlestick Chart in Tableau for your preparation.

1. How do you add a filter to a candlestick chart in Tableau?
2. Can you explain how to sort a candlestick chart by a specific dimension?
3. How do you create a dual-axis candlestick chart in Tableau?
4. What are some of the common mistakes to avoid when creating a candlestick chart in Tableau?

Learning how to create a candlestick chart in Tableau can help your career in several ways. First, it can make you a more valuable asset to businesses that rely on data visualization to make decisions. Second, it can help you communicate financial data more effectively to stakeholders and executives. Finally, it can help you develop new skills and improve your overall data analysis capabilities.

In conclusion, a candlestick chart is a powerful tool for businesses looking to gain insights from financial data. Tableau makes it easy to create and customize candlestick charts, and the benefits of using this chart type in business are significant.

---

Get our Most Popular Downloads

Download the most popular scenario-based Tableau Workbooks in .twbx format. Used by thousands of Tableau developers and job aspirants every day to improve and fine-tune their CV and Tableau Public profile. Join the largest Tableau Experts Social Group.