What is 52 week high?

The 52-week high in the stock market refers to the highest price at which a stock has traded over the past 52 weeks (or one year). Investors use it to assess a stock's performance and potential.

Importance:

• Performance Benchmark: This shows the stock's peak performance over the past year.
• Resistance Level: Investors may view it as a price point where the stock faces selling pressure.
• Investor Sentiment: A stock near its 52-week high often indicates strong investor confidence.

Example: If a stock’s 52-week high is ₹1,500, it means the stock hasn’t traded above ₹1,500 in the last year.