Stocks Trading Near 52-Week Highs and Lows
Momentum trading strategies often involve the buying of stocks that are trading at or near their 52-week high in the expectation that the stock will continue to reach new highs. See study "52-Week High and Momentum Investing" cited below for evidence on the effectiveness of this trading strategy.Contrarian trading strategies, on the other hand, can involve buying stocks at or near 52-week lows in anticipation that a bottom may be near, but this strategy can be quite risky, as such stocks tend to be highly volatile in either direction.
Short selling stocks at 52-week lows may be quite profitable, but is also dangerous, as stocks will frequently bounce higher after hitting 52-week lows, even if they are headed far lower in the longer term.
Sign up to receive Update Notifications.
Stocks Near 52-Week Highs
(As of market close 09/25/2020)| Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
| Charter Communications (NASDAQ:CHTR) | $614.23 | $371.70 | $633.05 | 94% |
| Comcast Corp Cl A (NASDAQ:CMCSA) | $46.15 | $32.42 | $47.50 | 92% |
| Danaher Corp (NYSE:DHR) | $207.16 | $121.39 | $209.97 | 98% |
| Fedex Corp (NYSE:FDX) | $250.17 | $90.49 | $250.30 | 100% |
| McDonalds Corp (NYSE:MCD) | $218.18 | $137.10 | $224.81 | 94% |
| Nike Inc Cl B (NYSE:NKE) | $124.23 | $62.80 | $127.11 | 97% |
| Oracle Corp (NYSE:ORCL) | $59.80 | $39.80 | $60.94 | 96% |
| Procter & Gamble Co (NYSE:PG) | $137.62 | $97.70 | $140.51 | 94% |
| Target Corporation (NYSE:TGT) | $154.35 | $91.04 | $154.35 | 100% |
| Union Pacific Corp (NYSE:UNP) | $198.15 | $114.04 | $202.37 | 96% |
| United Parcel Service Inc (NYSE:UPS) | $166.12 | $86.17 | $166.12 | 100% |
Stocks Near 52-Week Lows
(As of market close 09/25/2020)| Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
| Gilead Sciences Inc (NASDAQ:GILD) | $62.25 | $61.62 | $84.00 | 3% |
| Walgreens Boots Alliance Inc. (NASDAQ:WBA) | $35.43 | $34.67 | $62.72 | 4% |
52-Week Highs and Lows, and Price Relative to 52-Week Range, of all S&P-100 Stocks
(As of market close 09/25/2020)Notes:
Stocks are deemed to be near their 52-week high (low) if they are within 3 percent of the high (low) or they achieved a new high (low) within the 5 most recent market days.Price relative to 52-week range is calculated as [log(price)-log(low price)]/[log(high price)-log(low price)]*100%. Thus a stock with a current price of $4 with a 52-week high of $8 and a 52-week low of $2 will have price relative to range of 50%.
See George, Thomas J. and Chuan-Yang Hwang (2004). "The 52-Week High and Momentum Investing." The Journal of Finance. Volume LIX. Number 5. 2145-2176.