A point-and-figure chart plots price movements for stocks, bonds, commodities, or futures without taking into consideration the passage of time.

Contrary to some other types of charts, like candlesticks, which mark the degree of an asset's movement over set time periods, P&F charts utilize columns consisting of stacked X's or O's, each of which represents a set amount of price movement. The X's illustrate rising prices, while O's represent a falling price.