Company | Market Price | Market Cap | 52W Low | 52W High |
---|---|---|---|---|
1,33,643.09 | 1132 | 1663.7 | ||
1,33,659.88 | 1409.3 | 2824 | ||
1,07,236.97 | 981.35 | 1484.35 | ||
1,35,227.04 | 3295.3 | 5132.5 | ||
2,84,692.84 | 1419.05 | 1793.5 | ||
9,51,453.77 | 847.05 | 1608.4 | ||
1,17,948.02 | 1772.05 | 3574 | ||
1,08,735.01 | 463.45 | 754.75 | ||
4,37,074.85 | 1068.35 | 1828.15 | ||
99,606.82 | 4726 | 6990 |
A 52 week high is the highest price at which a stock has traded over the past year (52 weeks). It is a technical indicator used by traders, investors, and analysts to analyse a stock's current value and predict its future price movements. When a stock's price comes close to its 52 week high, there is increased interest and attention from market participants. The stocks listed on the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE) that have reached their highest price in the last 52 weeks are considered 52 week high stocks for their respective exchanges.
For example, if Stock X has traded at a maximum price of Rs.100 in the past year, then Rs.100 is its 52 week high price.
The following is how 52 Week High Stocks can be determined:
Stock markets generally have an upward bias, and a 52 week high is an indicator of bullish sentiment. The following are some more factors listed that make 52 week Stocks important in the stock market aspect:
However, past performance is not a guarantee of future results, and other factors should be considered in addition to a stock's 52 week high.
It's not necessarily good or bad to buy 52 week high stocks. It depends on various factors, such as the company's fundamentals, market conditions, and investment strategy.
The 52 week high effect often attracts more buyers, leading to increased trading volume and volatility in the stock.
When a stock breaks its 52 week low, it can be a bearish signal, and investors may become more cautious or sell the stock, further driving down the price.