Technical
What is New 52-Week High?
Price reaching its highest level of the past year β the most widely tracked breakout milestone, escaping a full year of overhead supply.
Formula
Signal fires when: today's High = Highest High of the past 252 trading sessions
How to Interpret
Everyone who bought in the past twelve months is now in profit, leaving no trapped sellers waiting to exit at breakeven. Counterintuitively, buying 52-week highs has historically outperformed buying 52-week lows β momentum persists. Highs made early in a new uptrend carry the strongest forward record.
Typical Ranges
The signal says nothing about valuation. Media attention around round-number and all-time highs can produce short-term crowding effects.
Find Stocks Using This Signal
Screen US and Indian stocks by New 52-Week High in the Technical Screener.