S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Reasons this Tech Giant is Going Back to Highs
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Compelling Reasons to Start Buying Undervalued Amazon
5 Reasons Why Amprius is About to Take Flight 
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Reasons this Tech Giant is Going Back to Highs
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Compelling Reasons to Start Buying Undervalued Amazon
5 Reasons Why Amprius is About to Take Flight 
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Reasons this Tech Giant is Going Back to Highs
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Compelling Reasons to Start Buying Undervalued Amazon
5 Reasons Why Amprius is About to Take Flight 
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Reasons this Tech Giant is Going Back to Highs
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Compelling Reasons to Start Buying Undervalued Amazon
5 Reasons Why Amprius is About to Take Flight 
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
5 Sizzling Tech Companies on the Brink of Bullish Reversals
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023

Today's 52-Week Highs

A 52-week high is the highest price that a stock has traded at in the twelve months. Many investors use 52-week highs as a factor in determining a stock's current value and as a predictor of future price movements. Learn more about 52-week high stocks.

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CompanyCurrent PriceNew 52-Week High52-Week LowPrevious CloseIntraday RangeIndicator(s)
Autoscope Technologies Co. stock logo
AATC
Autoscope Technologies
$6.10
-0.3%
$6.14$3.38$6.12$6.00 - $6.14
Anzu Special Acquisition Corp I stock logo
ANZU
Anzu Special Acquisition Corp I
$10.50
+0.6%
$10.63$9.81$10.44$10.43 - $10.63Positive News
Applied Therapeutics, Inc. stock logo
APLT
Applied Therapeutics
$2.77
+3.6%
$2.90$0.50$2.67$2.46 - $2.90News Coverage
Gap Down
High Trading Volume
Broad Capital Acquisition Corp stock logo
BRAC
Broad Capital Acquisition
$10.91
$10.91$9.96$10.91$10.91 - $10.91News Coverage
Cinedigm Corp stock logo
CIDM
Cinedigm
$1.15
-1.7%
$1.17$0.27$1.17$1.12 - $1.17Analyst Report
Gap Down
ERYTECH Pharma S.A. stock logo
ERYP
ERYTECH Pharma
$5.41
+6.7%
$5.84$0.30$5.07$5.12 - $5.84Gap Up
Focus Financial Partners Inc. stock logo
FOCS
Focus Financial Partners
$52.99
0.0%
$53.01$30.27$53.00$52.98 - $53.01Positive News
High Trading Volume
Geospace Technologies Co. stock logo
GEOS
Geospace Technologies
$12.50
+7.2%
$12.59$3.76$11.66$11.77 - $12.59
Gemini Therapeutics, Inc. stock logo
GMTX
Gemini Therapeutics
$49.00
+0.0%
$49.50$1.16$48.98$47.52 - $49.50
HCM Acquisition Corp stock logo
HCMA
HCM Acquisition
$10.96
$10.96$10.04$10.96$10.96 - $10.96Positive News
Huron Consulting Group Inc. stock logo
HURN
Huron Consulting Group
$106.02
+0.5%
$107.44$64.67$105.53$104.01 - $107.44
Horizon Therapeutics Public Limited stock logo
HZNP
Horizon Therapeutics Public
$115.50
-0.1%
$115.71$60.03$115.60$115.50 - $115.71Positive News
IMAC Holdings, Inc. stock logo
IMAC
IMAC
$2.22
-3.1%
$2.35$0.75$2.29$2.13 - $2.35
Immix Biopharma, Inc. stock logo
IMMX
Immix Biopharma
$3.45
+15.4%
$3.65$0.68$2.99$2.93 - $3.65Positive News
High Trading Volume
Kismet Acquisition Two Corp. stock logo
KAII
Kismet Acquisition Two
$10.70
$10.70$9.70$10.70$10.70 - $10.70
Khosla Ventures Acquisition Co. stock logo
KVSA
Khosla Ventures Acquisition
$10.64
-2.7%
$10.97$9.77$10.94$10.64 - $10.97
Landcadia Holdings IV, Inc. stock logo
LCA
Landcadia Holdings IV
$10.50
+0.3%
$10.50$9.81$10.47$10.47 - $10.50
MEAC
SEP Acquisition
$10.90
$10.90$9.40$10.90$10.90 - $10.90Positive News
NUBI
Nubia Brand International
$10.87
+0.5%
$11.94$9.98$10.82$10.82 - $11.94
Optex Systems Holdings, Inc stock logo
OPXS
Optex Systems
$4.23
+1.9%
$4.27$2.17$4.15$4.10 - $4.27News Coverage
High Trading Volume
RENB
Renovaro Biosciences
$3.85
+13.6%
$3.87$0.39$3.39$3.36 - $3.87News Coverage
Positive News
Reata Pharmaceuticals, Inc. stock logo
RETA
Reata Pharmaceuticals
$172.17
0.0%
$172.36$21.83$172.21$172.12 - $172.36
The Necessity Retail REIT, Inc. stock logo
RTL
Necessity Retail REIT
$7.61
+1.1%
$7.66$4.45$7.53$7.46 - $7.66High Trading Volume
Safe & Green Holdings Corp. stock logo
SGBX
Safe & Green
$1.81
+14.6%
$2.18$0.74$1.58$1.61 - $2.18News Coverage
Positive News
Gap Up
High Trading Volume
Skyward Specialty Insurance Group, Inc. stock logo
SKWD
Skyward Specialty Insurance Group
$28.07
+0.8%
$28.15$17.50$27.85$27.75 - $28.15High Trading Volume
Super League Enterprise, Inc. stock logo
SLGG
Super League Enterprise
$1.83
+9.6%
$1.85$0.09$1.67$1.55 - $1.85Positive News
Gap Down
Smead Value Fund stock logo
SVFCX
Smead Value Fund
$67.02
-0.8%
$67.02$9.01$67.53$67.02 - $67.02
Talkspace, Inc. stock logo
TALK
Talkspace
$2.06
+1.0%
$2.13$0.52$2.04$2.04 - $2.13Gap Up
Vahanna Tech Edge Acquisition I Corp. stock logo
VHNA
Vahanna Tech Edge Acquisition I
$11.12
+8.9%
$17.00$8.95$10.21$9.80 - $17.00Gap Down
High Trading Volume
YOTA
Yotta Acquisition
$10.73
+0.6%
$10.73$9.86$10.67$10.69 - $10.73Positive News
Ares Acquisition Co. stock logo
AAC
Ares Acquisition
$10.74
$10.74$9.91$10.74$10.73 - $10.74Positive News
Apollo Strategic Growth Capital II stock logo
APGB
Apollo Strategic Growth Capital II
$10.50
+0.0%
$10.50$9.86$10.50$10.50 - $10.50Negative News
Enterprise Products Partners L.P. stock logo
EPD
Enterprise Products Partners
$27.26
+0.2%
$27.45$22.90$27.21$27.07 - $27.45Short Interest ↓
Positive News
Kingswood Acquisition Corp. stock logo
KWAC
Kingswood Acquisition
$12.02
$12.02$10.00$12.02$12.02 - $12.02
Markel Group Inc. stock logo
MKL
Markel Group
$1,520.58
-1.4%
$1,560.00$1,064.09$1,542.14$1,519.04 - $1,560.00Positive News
Magellan Midstream Partners, L.P. stock logo
MMP
Magellan Midstream Partners
$68.54
-0.8%
$69.58$45.52$69.06$68.54 - $69.58High Trading Volume
Marathon Petroleum Co. stock logo
MPC
Marathon Petroleum
$154.77
+1.4%
$159.50$89.40$152.67$153.25 - $159.50Analyst Report
Gap Up
Murphy USA Inc. stock logo
MUSA
Murphy USA
$339.73
-0.5%
$343.50$231.65$341.47$338.80 - $343.50
Plains GP Holdings, L.P. stock logo
PAGP
Plains GP
$16.34
+0.1%
$16.46$10.45$16.32$16.26 - $16.46
PBF Energy Inc. stock logo
PBF
PBF Energy
$53.95
+2.0%
$56.38$28.55$52.90$53.69 - $56.38Gap Up
PHYT
Pyrophyte Acquisition
$10.88
$10.88$10.09$10.88$10.88 - $10.88
Rice Acquisition Corp. II stock logo
RONI
Rice Acquisition Corp. II
$16.08
+0.6%
$16.34$9.35$15.99$15.60 - $16.34Positive News
Sumitomo Mitsui Financial Group, Inc. stock logo
SMFG
Sumitomo Mitsui Financial Group
$10.29
+0.8%
$10.39$5.39$10.20$10.26 - $10.39Positive News
Suzano S.A. stock logo
SUZ
Suzano
$11.30
+0.9%
$11.43$7.46$11.20$11.14 - $11.43News Coverage
Vista Outdoor Inc. stock logo
VSTO
Vista Outdoor
$31.77
+1.8%
$32.18$22.97$31.22$31.00 - $32.18
Profitably Trade Stocks at 52-Week Highs

This simple, effective strategy tells investors a story about a stock’s momentum

The 52-week high for a stock represents the highest closing price that stock has traded at over a 52-week period. This is a moving number, so the 52-week high shown on a specific day is measuring the 52 weeks prior to that day.

Finding stocks at 52-week highs is a frequently used indicator of a stock’s trend. The purpose of this article is to define what the 52-week high is, the significance of 52-week high reversals, and some trading strategies that can help investors lock in profits on stocks trading near 52-week highs.

Investors who look to actively trade stocks and other securities use technical analysis to find patterns and identify trends to help predict the direction of a stock’s price. Many traders use indicators such as average daily trading volume (ADTV) and moving average to identify changes in a stock’s momentum that can help determine stock price movement.

With that said, markets do not always behave in an orderly fashion. However, price movement around a 52-week high is generally seen as a sign that stocks are ready to move in a direction that follows that movement. Traders look for momentum and generally. So when they see price movement that creeps towards a high, they can count on other investors jumping in.

The 52-week high listed for a stock is the closing price of a stock. During a trading day, a stock may move above its 52-week high. However, if it closes below the previous session high, the 52-week high remains unchanged. These intra-day movements, called reversals, while not changing the 52-week high can be significant to traders.

At one time, a move above the 52-week high was seen as a very reliable indicator of future price movement. However, as electronic trading has become available to more than just individual investors; stock price reversals at these thresholds have become more common. For some traders, this has made the 52-day high a less significant indicator.

When a stock climbs above its 52-week high but fails to hold that gain, it can be a technical indicator that the stock has topped out, but not always. In many cases there is still a “bullish” sentiment surrounding the stock. And in some cases a stock will make multiple attempts before finally closing above its 52-week high. However, momentum traders typically view stocks that rise above, then fall below, their 52-week high as prime targets for profit taking.

One of the most common strategies for day traders is known as the “pop” strategy. This strategy is based on technical indicators, but rooted in market psychology.

The reasoning is that markets usually will test a high before ultimately breaching it. Traders that use this strategy look for a stock that has significant momentum indicating that it wants to break a high. Once the stock pulls back the first time, it may take anywhere from a few days to a few weeks for a stock to try to reclaim that position.

As traders see the stock approach the 52-week high they should set a stop order just above or below (e.g. $0.25) the price where the stock crossed the 52-week line the first time. When the stock reaches that price the order will be executed and the trader can then set an appropriate stop loss to help them exit the trade.

Other successful trading strategies involve finding the 52-week high and low range. This is a very simple calculation. You subtract the 52-week low from the 52-week high. Once you know the range, you can determine the average weekly and daily volume.

Here’s an example. Company ABC has a 52-week high of $117.35 and a 52-week low of $75.36. The range is 117.35-75.36=41.99. Once you have this number you can divide by 52 to get an average weekly range of $0.81 cents or an average daily range by dividing by 252 (based on number of trading days, not calendar days) and get $0.16 cents per day. Now that you’ve calculated the average daily or weekly range, you can monitor the stock for trends and use the average daily or weekly range as a point to set stops for your trade.

So how do you use this to make money?

First you can use average daily or weekly range to look for breakouts especially at historically key price levels such as $10, $25, $50 or $100. Knowing the average weekly or daily range can help confirm price movement when stocks breach these levels higher or lower.

However, a word of caution especially for day traders is that stocks can be prone to intra-day reversals meaning that a price may rise above the high but then fall below or vice versa. Since these can happen very quickly, it’s important to set appropriate stops.

A second strategy is to put a mid-line between the high and the low. To establish the mid-line you will add the 52-week high and the 52-week low and divide by 2. In our example, 117.35 + 75.36 = 192.71 which when divided by 2 = 96.35. This would put your midline at approximately $96.35. You can then use this middle line to look for breakout patterns:

  • If the stock price breaks above the middle line, that is a bullish indicator that suggests the price will increase towards the 52-week high.
  • If the stock price breaks below the middle line, which is a bearish indicator that suggests the price will decrease towards the 52-week low.
  • If the stock price reverses off the middle line, you can use the average daily or weekly range to trade in the direction of the bounce.

Traders have easy access to a wealth of information, and you can be sure to find a number of online resources, including MarketBeat, that provide lists of stocks that have recently been trading at levels close to their 52-week highs.

But this only gets you so far. Once you identify a stock, there are some additional signals you can look for to determine which stocks merit further study.

  • When a move above the 52-week high or below the 52-week low is accompanied by high volume (look at volume that is 200% above the average daily trading volume – ADTV) that usually indicates sufficient momentum to propel the stock in that direction
  • If a stock reaches its 52-week high and has a high percentage gain for a specific period of time, that can be a sign that there is momentum around that stock.
  • From the fundamental analysis side of things, look for stocks that analysts have recently upgraded or downgraded. This can have a huge psychological impact on the market that can create the necessary momentum to push a stock price significantly higher or lower.

Many stock traders rely on technical analysis, but successful investors understand the role that fundamental analysis plays in investment decisions. This is true when attempting to accurately interpret the significance of a company breaching a 52-week high.

For example, when there is good news that pushes a stock close to or above its 52-week high investors that rely only on technical analysis may discount the news and look to sell only to find that the stock was only taking a brief pause before climbing well above its former high.

Markets rarely move in an orderly, or even logical, fashion. But if traders can identify changes in the 52-week high, they can make more informed investing decisions. This is because a stock’s 52-week high or low represents a psychological indicator that often creates momentum. Buyers have a fear of missing out and sellers can look to cut their losses. Both scenarios can cause significant price movement.

Traders can easily find lists of stocks that have recently broken through their 52-week high. But that is only indicator for selecting a stock to trade. Traders, particularly day traders, are looking for stocks that show the proper momentum. Because stocks frequently experience reversals around the 52-week high, day traders in particular, like to use the “pop” strategy to forecast when a stock that made one failed attempt at the threshold will cross it. Another popular trading strategy is to look for trading strategies that use the 52-week high typically focus on calculating the weekly or daily range and then using that range to anticipate stock movement.

Movement around 52-week highs is usually significant. But quantifying that significance requires that investors pay attention to both technical and fundamental indicators as they relate to that stock. Reversals around a stock’s 52-week high are common. When these happens, traders need to take a look at other technical indicators and even use fundamental analysis to determine whether a stock’s move is temporary or whether it is primed to break through a top. Sometimes bad things happen to good stocks and sometimes a bad stock can temporarily benefit from favorable market conditions.

 

 



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