A 52-week high can be considered as a technical indicator that reflects the maximum price of a stock for one year which often forms a strong resistance level. There are many investment strategies based on the value of the 52-week high. One such strategy is when you buy and hold stocks that are making new highs in a new 52-week period, or sell stocks that have failed to do that.
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1.46 | -0.68% | -0.01 | Buy | 11.659K | 66.348M | — | 0.17 | — | Consumer Non-Durables |