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 video 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.
Laycee Kluin, Host
Digital Marketing Strategist, MarketBeat
