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