|
|
The Greedy Trader |
Weekly Analysis |
|
|
|
|
|
|
|
|
|
|
|
Technical Stock Screener - New 52-Week High/Low
| |
|
|
|
| Description | Daily |
New 52-Week High 
|
143
|
|
New 52-Week Low
|
37
|
|
Buying Climax
|
79
|
|
Selling Climax
|
6
|
|
Top 10 Gainers
|
10
|
|
Top 10 Losers
|
10
|
|
|
|
|
|
|
 |
The New 52-Week High/Low. |
The New 52-Week High/Low indicates that a stock is trading at its highest or lowest level in the past 52 weeks. This technical indicator plays an important role in analyzing a stock's current value and predicting its future price movement.
One popular strategy involves buying stocks that hit new 52-week highs, while some traders use this level as a target for locking in gains after significant price increases.
When a stock surpasses its 52-week high but fails to maintain that gain, it may signal exhaustion of the current trend. Despite this, there often remains a bullish sentiment surrounding the stock, and it might make multiple attempts before finally breaking above its 52-week high.
Momentum traders typically consider stocks that rise above and then fall below their 52-week high as prime targets for profit-taking.
|
Related Links
|
|
|
|
|
| |
| | |
|
|