Buying at a 52-week high
A 52-week high is the highest price in the last year. Many investors avoid buying there. The figures below show what followed new highs in Indian stocks.
What it measures
A new 52-week high is a day when the price trades above every price of the previous year. It is one of the most watched figures in investing, partly because it is easy to see.
How it is calculated
Compare the day’s high with the highest price of the previous 250 trading days, about a year. If it is higher, it is a new 52-week high.
What happened next, in Indian stocks
These figures come from Sensifty’s monthly research and load here.
Why a high is not the same as expensive
A high price is high compared with the stock’s own past year, not compared with what the business is worth. Rising companies make new highs often. What matters more for the ride ahead is how fast the stock got there, which is what a stretch score measures.
What it does not tell you
Whether the high will hold, or how far the next dip will go. A new high says the price is above last year’s; nothing more.
Related
Sensifty measures each of your stocks against its own history, and tells you once when a stretch cools off. Add to Chrome
Figures describe the past, among the 500 most traded NSE stocks at each date. They are not a forecast or a recommendation.