Listen "Investment Term for the Day : 52-Week High/Low"
Episode Synopsis
The 52-week high/low is the highest and lowest price at which a security, such as a stock, has traded during the time period that equates to one year.A 52-week high/low is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock's current value and as a predictor of its future price movement. An investor may show increased interest in a particular stock as its price nears either the high or the low end of its 52-week price range.The 52-week high/low is based on the daily closing price for the security. Often, a stock may actually breach a 52-week high intraday, but end up closing below the previous 52-week high, thereby going unrecognized. The same applies when a stock makes a new 52-week low during a trading session but fails to close at a new 52-week low. In these cases, the failure to register as having made a new closing 52-week high/low can be very significant.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
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