# Point and Figure Basics

Point & Figure (P\&F) charts focus on price movement using X and O columns. The X columns represent rising prices and the O columns represent declining prices. These columns make it easier to identify price breakouts, which in turn can generate buy or sell signals. 

The P\&F charts available from StockCharts.com can be modified to suit your needs. You can change chart attributes, chart scaling, and add overlays such as trend lines, moving averages, and Volume by Price, to name a few.

In this section, we cover all the basics of P\&F charts so you can create a P\&F chart, use the appropriate price intervals and timeframes, and better understand the automatic trend lines.

## P\&F Basics <a href="#p_f_basics" id="p_f_basics"></a>

[**Introduction to Point & Figure Charts**](/table-of-contents/chart-analysis/point-and-figure-charts/point-and-figure-basics/introduction-to-point-and-figure-charts.md). Learn how to construct P\&F charts with a step-by-step example. Understand how to identify support and resistance levels and draw P\&F trend lines.

[**P\&F Scaling and Timeframes**](/table-of-contents/chart-analysis/point-and-figure-charts/point-and-figure-basics/point-and-figure-scaling-and-timeframes.md). Learn to apply different price intervals to choose a charting timeframe. Intraday intervals can be used for medium-term timeframes, while daily intervals are often best for long-term charts.

[**P\&F Trend Lines**](/table-of-contents/chart-analysis/point-and-figure-charts/point-and-figure-basics/p-and-f-trend-lines.md). P\&F trend lines are unique because they are drawn at a specific angle to represent a certain rate of ascent or descent. Understand how automatic trend lines appear on a P\&F chart, when they reverse, and how to identify a break.


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