52-Week High/Low is the highest and lowest prices that a stock has traded at during the previous year. Many traders and investors view the 52-week high or low as an important factor in determining a stock’s current value and predicting future price movement.
As a stock trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors may show increased interest as price nears either the high or the low. A popular strategy used by stock traders is to buy when price exceeds its 52-week high, or to sell when price falls below its 52-week low. The rationale behind this strategy is that if price breaks out from the 52-week range (either above or below) there will be enough momentum to continue the price move in a favorable direction. Alternatively, another strategy is to sell when price reaches its 52-week high on the assumption that price will recede, or to buy when price reaches its 52-week low in anticipation of a value play. Traders and investors typically conduct additional technical and/or fundamental analysis for confirmation.
Sony Corp, (ADR)(NYSE:SNE) stock traded at 52 weeks high level. It increased 2.50% to the closing price of $31.13. The stock showed weekly upbeat performance of 7.46%, which was maintained for the month at 17.21%. Likewise, the positive performance for the quarter was recorded as 45.74% and for the year was 69.37%, while the YTD performance remained at 52.08%.
Shares of Starz, (NASDAQ:STRZA) traded at a 52 weeks high level during last trading session. The stock rose 1.48% to the closing price of $37.07. Its last month’s stock price volatility remained 2.15% which for the week stands at 2.44%. Its fifty two weeks range was $27.31 – $36.61. The total market capitalization remained at $3.76 B. This stock is ahead of its 52-week low with 35.74%.
JPMorgan Chase & Co. (NYSE:JPM) stock reached a 1-year peak price of $62.67. The stock has gained 1.56%, reaching at $63.04 after hovering between $62.74 and $63.61. This stock is ahead of its 52-week low with 51.57%. Its last month’s stock price volatility remained 1.33% which for the week stands at 1.17%. The stock showed weekly upbeat performance of 3.60%, which was maintained for the month at 4.03%. Likewise, the positive performance for the quarter was recorded as 7.87% and for the year was 17.09%, while the YTD performance remained at 2.06%.
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