OPEN Price

The Open is the price at which the first few trades between buyers and sellers occur. The Open price is important mainly in its relation to the prior price bar's close and the current price bar's close. If the open is higher than the previous day's close then there is a price gap up. Typically there is positive news on a stock or maybe buyers were unable to get into the stock at the prior day's close and want to make sure they buy at the open – all of these reasons can push prices up overnight. The Open in relation to its Closing price will be discussed in the Close paragraph.