52 week high
Definition of 52 week high
The 52-week high is a technical jargon used to tell the highest price the stock has closed at in the past year. The 52-week high is a critical technical indicator for investors and traders. It is also used as a technical resistance level & when the price breaks this level, there is a high possibility that the security might show a bullish trend in the price chart. The daily closing prices of the security determine the 52-week high.